Nature & Environment Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:31 am EST
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Nature & Environment 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 0.00007 million compared to KRW 0.00021 million a year ago. Net loss was KRW 148.96 million compared to net income of KRW 395.89 million a year ago. Basic loss per share from continuing operations was KRW 2 compared to basic earnings per share from continuing operations of KRW 7 a year ago. Diluted loss per share from continuing operations was KRW 2 compared to diluted earnings per share from continuing operations of KRW 7 a year ago. Basic loss per share was KRW 2 compared to basic earnings per share of KRW 7 a year ago.
For the nine months, negative sales was KRW 0.00031 million compared to sales of KRW 0.00003 million a year ago. Net income was KRW 606.2 million compared to net loss of KRW 4,940.03 million a year ago. Basic earnings per share from continuing operations was KRW 8 compared to basic loss per share from continuing operations of KRW 86 a year ago. Diluted earnings per share from continuing operations was KRW 8 compared to diluted loss per share from continuing operations of KRW 86 a year ago. Basic earnings per share was KRW 8 compared to basic loss per share of KRW 86 a year ago.
Nature & Environment Co., Ltd. is a Korea-based company engaged in the steel business and environmental restoration businesses. Its steel business provides stainless steel pipes and other steel products, which are used for piping, boilers, heat exchangers and others. Its environmental restoration business includes restoration business, which produces geo green cells, blocks, walls and others used in river restoration constructions; landscaping business, which mainly provides grass for landscaping constructions, and water business, which provides water, soil and lakes purification services.