Hwang Kum Steel & Technology Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 11:23 pm EST
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Hwang Kum Steel & Technology 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 2,181.32 million compared to KRW 95.14 million a year ago. Net income was KRW 6,283.07 million compared to KRW 8,646.09 million a year ago. Basic earnings per share from continuing operations was KRW 370 compared to KRW 509 a year ago. Diluted earnings per share from continuing operations was KRW 370 compared to KRW 509 a year ago. Basic earnings per share was KRW 370 compared to KRW 509 a year ago.
For the nine months, sales was KRW 2,392.46 million compared to KRW 1,439.81 million a year ago. Net income was KRW 25,602.71 million compared to KRW 19,735 million a year ago. Basic earnings per share from continuing operations was KRW 1,507 compared to KRW 1,161 a year ago. Diluted earnings per share from continuing operations was KRW 1,507 compared to KRW 1,161 a year ago. Basic earnings per share was KRW 1,507 compared to KRW 1,161 a year ago.
Hwang Kum Steel & Technology Co., Ltd is a Korea-based company mainly engaged in the manufacture and sale of stainless steel products and steel materials. The Company principally manufactures hot-rolled stainless and cold-rolled stainless steel plates used in automobile, shipbuilding, machinery, home appliance, construction and other industries. The Company also manufactures and sells special steel products and carbon steel products. It distributes its products within domestic market and to overseas markets. The Company also involves in the rental business.