HS Valve Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:49 am EST
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HS Valve Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 18,434.03 million compared to KRW 15,671.72 million a year ago. Net income was KRW 211.55 million compared to KRW 94.69 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to KRW 9 a year ago. Basic earnings per share was KRW 20 compared to KRW 9 a year ago.
For the nine months, sales was KRW 60,863.25 million compared to KRW 50,591.03 million a year ago. Net income was KRW 2,036.69 million compared to KRW 1,225.67 million a year ago. Basic earnings per share from continuing operations was KRW 196 compared to KRW 118 a year ago. Basic earnings per share was KRW 196 compared to KRW 118 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.