SNT Energy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 09:10 pm EST
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SNT Energy 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 86,281.79 million compared to KRW 51,692.75 million a year ago. Net income was KRW 8,123.06 million compared to KRW 9,533.19 million a year ago. Basic earnings per share from continuing operations was KRW 410.9959 compared to KRW 482.3285 a year ago. Diluted earnings per share from continuing operations was KRW 410.9959 compared to KRW 482.3285 a year ago. Basic earnings per share was KRW 410.9959 compared to KRW 482.3285 a year ago.
For the nine months, sales was KRW 233,667.15 million compared to KRW 132,923.56 million a year ago. Net income was KRW 24,154.01 million compared to KRW 14,952.78 million a year ago. Basic earnings per share from continuing operations was KRW 1,222.3211 compared to KRW 756.6591 a year ago. Diluted earnings per share from continuing operations was KRW 1,222.3211 compared to KRW 756.6591 a year ago. Basic earnings per share was KRW 1,222.3211 compared to KRW 756.6591 a year ago.
SNTEnergy Co Ltd, formerly S&T Corp, is a Korea-based company engaged in the manufacture and sale of heat exchangers. The Company manufactures heat exchangers, which are used for petrochemical plants, oil refining plants, gas plants and others; heat recovery steam generators (HRSGs), which generate steam for generation of steam turbines with use of the waste heat; steam surface condensers; DeNOx facilities, which eliminate the nitrogen oxide (NOx) materials, generated from combustion of nitrogen component in fuels and air, and others. The Company distributes its products within domestic market and to overseas markets. On November 8, 2013, S&T Dynamics Co., Ltd. transferred its entire 50.66% stake of the Company to S&T MOTIV Co., Ltd. After that, S&T MOTIV Co., Ltd became the Company's top shareholder.
SNT ENERGY CO., LTD. 
