SK Gas Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:46 am EST
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SK Gas 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 1,841,498.47 million compared to KRW 1,809,814.57 million a year ago. Net loss was KRW 37,496.38 million compared to net income of KRW 72,108.84 million a year ago. Basic loss per share from continuing operations was KRW 4,178 compared to basic earnings per share from continuing operations of KRW 8,034 a year ago. Diluted loss per share from continuing operations was KRW 4,178 compared to diluted earnings per share from continuing operations of KRW 8,014 a year ago. Basic loss per share was KRW 4,178 compared to basic earnings per share of KRW 8,034 a year ago.
For the nine months, sales was KRW 5,883,885.78 million compared to KRW 4,471,774.76 million a year ago. Net income was KRW 117,081.04 million compared to KRW 241,314.57 million a year ago. Basic earnings per share from continuing operations was KRW 13,045 compared to KRW 26,887 a year ago. Diluted earnings per share from continuing operations was KRW 13,006 compared to KRW 26,819 a year ago. Basic earnings per share was KRW 13,045 compared to KRW 26,887 a year ago. Diluted earnings per share was KRW 13,006 compared to KRW 26,819 a year ago.
SK Gas Ltd is a Korea-based company engaged in the import, storage and marketing of liquid petroleum gas (LPG). The Company imports LPG from the Middle East countries, such as Saudi Arabia, Kuwait and the United Arab Emirates, and provides LGP to domestic oil refineries, petrochemical companies, gas stations and other industries. The Company also operates storage terminals in Ulsan and Pyeongtaek, Korea. The Company also exports LPG to overseas markets.