Poongsan Corporation Reports Consolidated Earnings Results for the Third Quarter and Nine Months of 2012
October 29, 2012 at 06:51 am EDT
Poongsan Corporation reported consolidated earnings results for the third quarter and nine months of 2012. For the quarter, the company reported sales of KRW 712,710 million against KRW 688,550 million a year ago. Operating income was KRW 41,176 million against KRW 12,316 million a year ago. Net profit from continuing operations before corporate income tax was KRW 28,237 million against net loss from continuing operations before corporate income tax of KRW 1,091 million a year ago. Net income was KRW 21,231 million against net loss of KRW 5,467 million a year ago.
For the nine months, the company reported sales of KRW 2,126,314 million against KRW 2,140,862 million a year ago. Operating income was KRW 113,163 million against KRW 122,345 million a year ago. Net profit from continuing operations before corporate income tax was KRW 70,267 million against KRW 81,748 million a year ago. Net income was KRW 49,242 million against KRW 58,730 million a year ago.