Songwon Industrial 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 269,232 million compared to KRW 342,735 million a year ago. Net income was KRW 11,956 million compared to KRW 38,670 million a year ago. Basic earnings per share from continuing operations was KRW 498 compared to KRW 1,611 a year ago. Basic earnings per share was KRW 498 compared to KRW 1,611 a year ago.
For the six months, sales was KRW 536,399 million compared to KRW 681,168 million a year ago. Net income was KRW 22,582 million compared to KRW 82,097 million a year ago. Basic earnings per share from continuing operations was KRW 941 compared to KRW 3,421 a year ago. Basic earnings per share was KRW 941 compared to KRW 3,421 a year ago.