HS Valve Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 08:36 pm EDT
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HS Valve Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 17,931.71 million compared to KRW 17,027.55 million a year ago. Net income was KRW 1,682.4 million compared to KRW 908.43 million a year ago. Basic earnings per share from continuing operations was KRW 162 compared to KRW 87 a year ago. Basic earnings per share was KRW 162 compared to KRW 87 a year ago.
HS VALVE CO., LTD is a Korea-based company engaged in manufacture valves. The Companyâs products portfolio consists of liquefied petroleum gas (LPG) valves, screw ball valves, floating ball valves, welded ball valves, gate valves, check valves, trunnion mounted ball valves, flanged end ball valves, insulated valves, as well as underground ball valves, among others. The Company mainly provides its products to LPG manufacturing companies, gas stations and city gas operators. It mainly distributes its products within domestic market.