SD SYSTEM Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:00 am EST
Share
SD SYSTEM 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 0.00008 million compared to KRW 0.00023 million a year ago. Net income was KRW 128.66 million compared to KRW 302.14 million a year ago. Basic earnings per share from continuing operations was KRW 12 compared to KRW 31 a year ago. Basic earnings per share was KRW 12 compared to KRW 31 a year ago.
For the nine months, negative sales was KRW 0.00001 million compared to sales of KRW 0.00039 million a year ago. Net loss was KRW 1,210.77 million compared to net income of KRW 1,585.82 million a year ago. Basic loss per share from continuing operations was KRW 114 compared to basic earnings per share from continuing operations of KRW 165 a year ago. Basic loss per share was KRW 114 compared to basic earnings per share of KRW 165 a year ago.
SD SYSTEM Co., Ltd is a Korea-based company mainly engaged in the provision of toll collection system (TCS) equipment and services. The Companyâs products portfolio consists of TCSs and electronic TCSs (ETCS) including highway ticket issuing machines, smartcard readers and writers, lane controllers, receipt printers and operating units and others; on board units (OBUs), which are used as wireless communication devices for vehicles, and others including intelligent transport systems (ITSs), intelligent building systems (IBSs), which automatically control air conditioning and heating systems of buildings, as well as integrated closed-circuit television (CCTV) surveillances and smart parking systems. The Company also involves in system installation and maintenance business.