Korea Parts & Fasteners Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 03:44 am EDT
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Korea Parts & Fasteners Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 3,132.91 million compared to KRW 4,130.06 million a year ago. Net income was KRW 7,635.71 million compared to KRW 6,859.94 million a year ago.
Basic earnings per share from continuing operations was KRW 410.12 compared to KRW 418.65 a year ago. Diluted earnings per share from continuing operations was KRW 381.03 compared to KRW 349.92 a year ago. Basic earnings per share was KRW 410.12 compared to KRW 418.65 a year ago.
Diluted earnings per share was KRW 381.03 compared to KRW 349.92 a year ago.
Korea Parts & Fasteners is a Korea-based company engaged in the manufacturing and distribution of bolts, nuts and other forging products. The Companyâs products portfolio consists of high torque (H/T) bolts, tensile control (T/C) bolts, structural bolts and couplings, which are used in construction works; heavy hex bolts, heavy hex nuts and stud bolts, which are used in petrochemical plants; flange nuts, flange screws, castle nuts, cylinder head bolts and others, which are used in heavy equipment; bearing inner and outer races, gear blanks, pinion gears and others, which are used for automobiles, as well as foundation anchor bolts, barrel nuts and others, which are used in wind power plants. The Company also involves in the building leasing business.