HS Valve Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:53 pm EST
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HS Valve Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 22,408.47 million compared to KRW 18,434.03 million a year ago. Net income was KRW 1,730.34 million compared to KRW 211.55 million a year ago. Basic earnings per share from continuing operations was KRW 166 compared to KRW 20 a year ago. Basic earnings per share was KRW 166 compared to KRW 20 a year ago.
For the nine months, sales was KRW 67,136.07 million compared to KRW 60,863.25 million a year ago. Net income was KRW 6,259.53 million compared to KRW 2,036.69 million a year ago. Basic earnings per share from continuing operations was KRW 601 compared to KRW 196 a year ago. Basic earnings per share was KRW 601 compared to KRW 196 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.