Korea Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:45 am EST
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Korea Steel 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 179,584.03 million compared to KRW 187,913.4 million a year ago. Net income was KRW 1,093.49 million compared to KRW 11,995.94 million a year ago. Basic earnings per share from continuing operations was KRW 18 compared to KRW 225 a year ago. Basic earnings per share was KRW 18 compared to KRW 225 a year ago.
For the nine months, sales was KRW 260,131.34 million compared to KRW 265,130.32 million a year ago. Net income was KRW 25,039.5 million compared to KRW 27,851.19 million a year ago. Basic earnings per share from continuing operations was KRW 432 compared to KRW 523 a year ago. Diluted earnings per share from continuing operations was KRW 363 compared to KRW 476 a year ago. Basic earnings per share was KRW 432 compared to KRW 523 a year ago. Diluted earnings per share was KRW 363 compared to KRW 476 a year ago.
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. 
