HS Valve Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:05 am EST
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HS Valve Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 15,671.72 million compared to KRW 14,243.66 million a year ago. Net income was KRW 94.69 million compared to KRW 126.06 million a year ago. Basic earnings per share from continuing operations was KRW 9 compared to KRW 12 a year ago. Basic earnings per share was KRW 9 compared to KRW 12 a year ago.
For the nine months, sales was KRW 50,591.03 million compared to KRW 43,401.65 million a year ago. Net income was KRW 1,225.67 million compared to KRW 722.08 million a year ago. Basic earnings per share from continuing operations was KRW 118 compared to KRW 69 a year ago. Basic earnings per share was KRW 118 compared to KRW 69 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.