Iljin Diamond Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:01 am EST
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Iljin Diamond 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 39,036.25 million compared to KRW 47,433.48 million a year ago. Net income was KRW 2,316.71 million compared to KRW 1,985.09 million a year ago. Basic earnings per share from continuing operations was KRW 166 compared to KRW 142 a year ago. Basic earnings per share was KRW 163 compared to KRW 140 a year ago.
For the nine months, sales was KRW 116,981.61 million compared to KRW 137,260.33 million a year ago. Net income was KRW 8,534.71 million compared to KRW 5,622.79 million a year ago. Basic earnings per share from continuing operations was KRW 609 compared to KRW 403 a year ago. Basic earnings per share was KRW 601 compared to KRW 396 a year ago.
ILJIN DIAMOND.CO,.LTD. is a Korea-based company engaged in the manufacture of industrial diamonds. The Company's products include diamond grits, which are used in sawing, drilling and dressing stones, reinforced concretes, asphalts, refractories, electrical materials and others; cutting tool blanks, which are used in wood furniture, steel and metal products, printed circuit boards (PCBs) and others, and hard metals, which are used as materials for high pressure molding and printed circuit board (PCB) punching. The Company distributes its products within domestic market and to overseas markets.
ILJIN DIAMOND CO.,LTD 
