Shinjin Sm Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:20 pm EST
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Shinjin Sm 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 491.47 million compared to KRW 460.04 million a year ago. Net income was KRW 750.75 million compared to KRW 1,245.69 million a year ago. Basic earnings per share from continuing operations was KRW 43 compared to KRW 73 a year ago. Diluted earnings per share from continuing operations was KRW 43 compared to KRW 73 a year ago. Basic earnings per share was KRW 44 compared to KRW 73 a year ago.
For the nine months, sales was KRW 1,338.69 million compared to KRW 1,849.7 million a year ago. Net income was KRW 2,893.52 million compared to KRW 4,363.54 million a year ago. Basic earnings per share from continuing operations was KRW 170 compared to KRW 256 a year ago. Diluted earnings per share from continuing operations was KRW 170 compared to KRW 256 a year ago. Basic earnings per share was KRW 171 compared to KRW 256 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.
SHINJIN SM CO.,LTD. 
