Kec Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 52,107.44 million compared to KRW 61,377.81 million a year ago. Net loss was KRW 5,232.12 million compared to net income of KRW 3,211.45 million a year ago. Basic loss per share from continuing operations was KRW 24 compared to basic earnings per share from continuing operations of KRW 23 a year ago. Diluted loss per share from continuing operations was KRW 24 compared to diluted earnings per share from continuing operations of KRW 23 a year ago. Basic loss per share was KRW 24 compared to basic earnings per share of KRW 23 a year ago.
For the nine months, sales was KRW 161,032.22 million compared to KRW 209,608.86 million a year ago. Net loss was KRW 16,008.71 million compared to net income of KRW 22,237.24 million a year ago. Basic loss per share from continuing operations was KRW 98 compared to basic earnings per share from continuing operations of KRW 154 a year ago. Diluted loss per share from continuing operations was KRW 98 compared to diluted earnings per share from continuing operations of KRW 154 a year ago. Basic loss per share was KRW 98 compared to basic earnings per share of KRW 154 a year ago.