Sangji Construction, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:17 am EDT
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Sangji Construction, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 73,296.24 million compared to KRW 12,575.37 million a year ago. Net income was KRW 22,530.26 million compared to KRW 1,130.75 million a year ago. Basic earnings per share from continuing operations was KRW 2,090 compared to KRW 120 a year ago. Diluted earnings per share from continuing operations was KRW 1,480 compared to diluted loss per share from continuing operations of KRW 120 a year ago. Basic earnings per share was KRW 2,280 compared to KRW 120 a year ago. Diluted earnings per share was KRW 1,610 compared to diluted loss per share of KRW 120 a year ago.
For the six months, sales was KRW 105,559.56 million compared to KRW 20,202.31 million a year ago. Net income was KRW 25,372.86 million compared to KRW 6,108.68 million a year ago. Basic earnings per share from continuing operations was KRW 2,590 compared to KRW 680 a year ago. Diluted earnings per share from continuing operations was KRW 1,880 compared to KRW 410 a year ago. Basic earnings per share was KRW 2,630 compared to KRW 680 a year ago. Diluted earnings per share was KRW 1,910 compared to KRW 410 a year ago.
Seong An Materials Co Ltd, formerly SEONGAN CO., Ltd., is a Korea-based company engaged in the construction businesses. The Company operates through three segments. The Sales Construction segment is engaged in the sales business of luxury villas and high-end officetels. The Contract Construction segment is engaged in the provision of facilities construction services such as electricity, communication, and firefighting for buildings. The Other segment is engaged in the provision of real estate-related services.