SC Engineering Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:05 am EST
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SC Engineering 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 0.00149 million compared to KRW 0.00034 million a year ago. Net loss was KRW 1,159 million compared to net income of KRW 1,578.77 million a year ago. Basic loss per share from continuing operations was KRW 37 compared to basic earnings per share from continuing operations of KRW 50 a year ago. Diluted loss per share from continuing operations was KRW 37 compared to diluted earnings per share from continuing operations of KRW 50 a year ago. Basic loss per share was KRW 37 compared to basic earnings per share of KRW 50 a year ago.
For the nine months, sales was KRW 0.00117 million compared to KRW 0.00038 million a year ago. Net loss was KRW 229.99 million compared to net income of KRW 1,974.54 million a year ago. Basic loss per share from continuing operations was KRW 7 compared to basic earnings per share from continuing operations of KRW 63 a year ago. Diluted loss per share from continuing operations was KRW 7 compared to diluted earnings per share from continuing operations of KRW 63 a year ago. Basic loss per share was KRW 7 compared to basic earnings per share of KRW 63 a year ago.
SC Engineering Co., Ltd. is a Korea-based company principally engaged in the manufacturing and distribution of process equipment (PE) which are used in petro chemistry, oil refining, gas and power plants. The Company provides engineering services including engineering, procurement and construction (EPC) for precision chemical, biochemical, pharmaceuticals manufacturing, and food plants. Through its subsidiaries, SEWON CELLONTECH CO., LTD, SEWON CELLONTECH HYDRAULIC (SHANGHAI) CO., LTD., and RMS INNOVATIONS (U.K) LIMITED, the Company also involves in the production of chemical plant PE, including pressure vessels, reactors and columns; oil hydraulic equipment, including pumps, valves and cylinders; cell therapies, bio collagens, pharmaceuticals and cosmetics.
SC ENGINEERING CO., LTD 
