Kyungdong Invest Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 07:37 pm EST
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Kyungdong Invest Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 8,089.1 million compared to KRW 6,257.64 million a year ago. Net loss was KRW 2,330.25 million compared to KRW 572.71 million a year ago. Basic loss per share from continuing operations was KRW 1,069 compared to KRW 263 a year ago. Diluted loss per share from continuing operations was KRW 1,069 compared to KRW 263 a year ago. Basic loss per share was KRW 1,069 compared to KRW 263 a year ago.
For the nine months, sales was KRW 21,884.43 million compared to KRW 18,282.91 million a year ago. Net income was KRW 6,528.84 million compared to KRW 8,609.1 million a year ago. Basic earnings per share from continuing operations was KRW 2,994 compared to KRW 3,948 a year ago. Diluted earnings per share from continuing operations was KRW 2,994 compared to KRW 3,948 a year ago. Basic earnings per share was KRW 2,994 compared to KRW 3,948 a year ago.
KYUNGDONG INVEST CO., LTD., formerly KYUNGDONG CITY GAS CO., LTD., is a Korea-based company engaged city gas business. The Company supplies liquefied natural gas (LNG) to residential, commercial and industrial customers in Ulsan city and Ansan city. It also sells gas boilers, and provides compressed natural gas (CNG) charging services. Through its subsidiaries, it is involved in the LNG piping works, high pressure works, water and sewage equipment engineering, logistics services, such as warehouse services, logistics management and others, provision of city gas safety management services (SMSs), as well as civil engineering and building construction, such as road, railways and apartments, among others. On March 31, 2014, the Company established a wholly owned subsidiary, engaged in the development business.
KYUNGDONG INVEST CO., LTD 
