HS Valve Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:01 am EDT
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HS Valve Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 21,352.31 million compared to KRW 24,497.51 million a year ago. Net income was KRW 1,729.35 million compared to KRW 142.74 million a year ago. Basic earnings per share from continuing operations was KRW 166 compared to KRW 14 a year ago. Basic earnings per share was KRW 166 compared to KRW 14 a year ago.
For the six months, sales was KRW 44,727.6 million compared to KRW 42,429.22 million a year ago. Net income was KRW 4,529.19 million compared to KRW 1,825.14 million a year ago. Basic earnings per share from continuing operations was KRW 435 compared to KRW 175 a year ago. Basic earnings per share was KRW 435 compared to KRW 175 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.
HS VALVE CO., LTD 
