KR Motors Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 11:48 pm EST
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KR Motors 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 30,920.48 million compared to KRW 34,504.67 million a year ago. Net loss was KRW 3,408.67 million compared to KRW 1,661.97 million a year ago. Basic loss per share from continuing operations was KRW 35 compared to KRW 17 a year ago. Diluted loss per share from continuing operations was KRW 35 compared to KRW 17 a year ago. Basic loss per share was KRW 35 compared to KRW 17 a year ago.
For the nine months, negative sales was KRW 0.00045 million compared to sales of KRW 0.00042 million a year ago. Net loss was KRW 5,225.06 million compared to KRW 4,895.19 million a year ago. Basic loss per share from continuing operations was KRW 54 compared to KRW 51 a year ago. Diluted loss per share from continuing operations was KRW 54 compared to KRW 51 a year ago. Basic loss per share was KRW 54 compared to KRW 51 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.