KR Motors Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 11:08 pm EDT
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KR Motors Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 30,082.33 million compared to KRW 37,992.14 million a year ago. Net income was KRW 414.2 million compared to net loss of KRW 1,846.46 million a year ago. Basic earnings per share from continuing operations was KRW 4 compared to basic loss per share from continuing operations of KRW 19 a year ago. Basic earnings per share was KRW 4 compared to basic loss per share of KRW 19 a year ago.
For the six months, sales was KRW 0.00045 million compared to KRW 0.00035 million a year ago. Net loss was KRW 1,816.4 million compared to KRW 3,233.22 million a year ago. Basic loss per share from continuing operations was KRW 19 compared to KRW 34 a year ago. Basic loss per share was KRW 19 compared to KRW 34 a year ago.
KR MOTORS, formerly S&T MOTORS CO., LTD., is a Korea-based company engaged in the manufacture and marketing of motorcycles. The Companyâs motorcycles include road sports type, street bike type, cruiser type and electric scooter type. The Company also engages in the manufacture of motorcycle components. The Company distributes its products within domestic market and to overseas markets, including America, Europe, Australia and others.