Seoyon Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:41 am EDT
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Seoyon Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 4,419.77 million compared to KRW 6,476.44 million a year ago. Net income was KRW 25,382.15 million compared to KRW 11,571.92 million a year ago. Basic earnings per share from continuing operations was KRW 1,169 compared to KRW 533 a year ago. Basic earnings per share was KRW 1,169 compared to KRW 533 a year ago.
For the six months, sales was KRW 6,473.94 million compared to KRW 12,766.74 million a year ago. Net income was KRW 59,296.3 million compared to KRW 32,631.11 million a year ago. Basic earnings per share from continuing operations was KRW 2,732 compared to KRW 1,503 a year ago. Basic earnings per share was KRW 2,732 compared to KRW 1,503 a year ago.
SEOYEON CO. LTD., formerly HAN IL E WHA CO., LTD., is a Korea-based company mainly engaged in the manufacture and distribution of automobile interior parts and accessories. The Company produces door trims, car seats, head linings, covering shelves, package trays, screen assemblies, pillar trims, key sets, multifunction switches, power window switches and others, which are mainly used for automobiles. The Company's main customers include Hyundai Motor Company and KIA Motors Corporation. The Company distributes its products within domestic market and to overseas markets, including Europe, China, India, America and others.