Korea Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 04:02 am EDT
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Korea Steel Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 94,831.27 million compared to KRW 68,017.69 million a year ago. Net income was KRW 4,657.06 million compared to net loss of KRW 626.52 million a year ago. Basic earnings per share from continuing operations was KRW 87 compared to basic loss per share from continuing operations of KRW 12 a year ago. Diluted earnings per share from continuing operations was KRW 76. Basic earnings per share was KRW 87 compared to basic loss per share of KRW 12 a year ago. Diluted earnings per share was KRW 76.
Korea Steel Co Ltd, formerly Korea Steel Shapes Co Ltd, is a Korea-based company mainly engaged in the manufacturing and sale of steel products. The Companyâs products include billets, section steels, such as equal angles, un-equal angles, channels, checked channels, elevator rails, profiles and others, steel bars, such as round steel bars, screw bar steels and square bar steels, as well as flat steels, among others. It also provides related by-products. The Companyâs products are used in shipbuilding, machinery, construction, civil engineering and other industries. The Company distributes its products within domestic market and to overseas markets.
KOREA STEEL CO., LTD. 
