Shinjin Sm Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:31 am EDT
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Shinjin Sm 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 459.18 million compared to KRW 772.88 million a year ago. Net income was KRW 1,029.97 million compared to KRW 1,752.55 million a year ago. Basic earnings per share from continuing operations was KRW 61 compared to KRW 103 a year ago. Diluted earnings per share from continuing operations was KRW 61 compared to KRW 103 a year ago. Basic earnings per share was KRW 61 compared to KRW 103 a year ago.
For the six months, sales was KRW 847.22 million compared to KRW 1,389.65 million a year ago. Net income was KRW 2,142.77 million compared to KRW 3,117.85 million a year ago. Basic earnings per share from continuing operations was KRW 126 compared to KRW 183 a year ago. Diluted earnings per share from continuing operations was KRW 126 compared to KRW 183 a year ago. Basic earnings per share was KRW 126 compared to KRW 183 a year ago.
SINJIN SM CO., LTD. is a Korea-based company mainly engaged in the manufacture of standard plates. The Companyâs products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others. The Company also provides processing equipment such as bearing holders, tool holders, chamber machines, precision cutting machines and others. It distributes its products within domestic market and to overseas markets.