Songwon Industrial 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 247,867 million compared to KRW 350,731 million a year ago. Net income was KRW 9,372 million compared to KRW 41,376 million a year ago. Basic earnings per share from continuing operations was KRW 390 compared to KRW 1,724 a year ago.
For the nine months, sales was KRW 784,266 million compared to KRW 1,031,899 million a year ago. Net income was KRW 31,954 million compared to KRW 123,473 million a year ago. Basic earnings per share from continuing operations was KRW 1,331 compared to KRW 5,145 a year ago.