Sambo Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:45 am EST
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Sambo Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 81,666.95 million compared to KRW 69,270.58 million a year ago. Net loss was KRW 1,772.72 million compared to KRW 2,131.17 million a year ago. Basic loss per share from continuing operations was KRW 46 compared to KRW 56 a year ago. Diluted loss per share from continuing operations was KRW 46 compared to KRW 56 a year ago. Basic loss per share was KRW 46 compared to KRW 56 a year ago.
For the nine months, sales was KRW 260,500.12 million compared to KRW 218,483.85 million a year ago. Net income was KRW 1,293.57 million compared to net loss of KRW 2,645.52 million a year ago. Basic earnings per share from continuing operations was KRW 34 compared to basic loss per share from continuing operations of KRW 70 a year ago. Diluted earnings per share from continuing operations was KRW 34 compared to diluted loss per share from continuing operations of KRW 70 a year ago. Basic earnings per share was KRW 34 compared to basic loss per share of KRW 70 a year ago.
SAMBO Industrial Co., Ltd. is a Korea-based company principally engaged in the manufacture and sale of aluminum alloy. The Company operates its business through three segments. The Aluminum Alloy segment produces aluminum alloy bars. The Automotive Part segment manufactures automotive parts including engine cases, transmission parts, steering systems, among others. The Broadcasting Program segment involves in the broadcasting program sales and distribution business.