Husteel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 12:42 am EDT
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Husteel Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 4,981.55 million compared to KRW 3,016.03 million a year ago. Net income was KRW 17,260.07 million compared to KRW 2,308.78 million a year ago. Basic earnings per share from continuing operations was KRW 440.4 compared to KRW 60.6 a year ago. Diluted earnings per share from continuing operations was KRW 440.4 compared to KRW 60.6 a year ago. Basic earnings per share was KRW 440.4 compared to KRW 60.6 a year ago.
Husteel Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of steel pipes. The Company's products mainly consist of steel pipes for ordinary piping, fuel gas piping and pressure service, tubes for general structural purposes and mechanical structural purposes, square tubes, rectangular tubes, steel pipe piles, high tensile strength steel tubes for tower structural purposes, cold rolled carbon steel square pipes for aseismatic building structure, line pipes, carbon steel boilers, heat exchanger tubes and others. In addition, the Company involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets.
HUSTEEL CO., LTD. 
