SMCore.Inc Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 01:01 am EDT
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SMCore.Inc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 23,526.16 million compared to KRW 15,946.67 million a year ago. Net income was KRW 1,784.09 million compared to net loss of KRW 354.5 million a year ago. Basic earnings per share from continuing operations was KRW 89 compared to basic loss per share from continuing operations of KRW 17 a year ago. Diluted earnings per share from continuing operations was KRW 89 compared to diluted loss per share from continuing operations of KRW 17 a year ago. Basic earnings per share was KRW 89 compared to basic loss per share of KRW 17 a year ago.
For the six months, sales was KRW 5,425.19 million compared to KRW 4,122.78 million a year ago. Net income was KRW 2,077.34 million compared to KRW 351.2 million a year ago. Basic earnings per share from continuing operations was KRW 104 compared to KRW 18 a year ago. Diluted earnings per share from continuing operations was KRW 104 compared to KRW 18 a year ago. Basic earnings per share was KRW 104 compared to KRW 18 a year ago.
SMCore.Inc, formerly Shin-heung Machine Co., Ltd, is a Korea-based company mainly engaged in the manufacture of automatic logistic equipment. The Companyâs products portfolio consists of automated storage and retrieval systems (AS/RS), stacker cranes (STCs), automatic guided vehicles (AGVs), laser guided vehicles (LGVs), electronic monorail systems (EMSs), rail guided vehicles (RGVs) and conveyors, such as chain conveyors, bin conveyors, pallet conveyors and flow chain conveyors, digital picking systems (DPS), truck loaders and others. It is also involved in the provision of integrated automation software and systems. The Company's products are used in the automobile, chemical, pharmaceutical and food industries.
SMCORE.INC 
