SsangYong C&E Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:07 am EST
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SsangYong C&E 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 89,908.1 million compared to KRW 76,121 million a year ago. Net income was KRW 153,905.39 million compared to KRW 20,471.31 million a year ago. Basic earnings per share from continuing operations was KRW 24 compared to KRW 23 a year ago. Diluted earnings per share from continuing operations was KRW 24 compared to KRW 23 a year ago. Basic earnings per share was KRW 309 compared to KRW 41 a year ago. Diluted earnings per share was KRW 309 compared to KRW 41 a year ago.
For the nine months, sales was KRW 220,793.37 million compared to KRW 240,466.9 million a year ago. Net income was KRW 149,010.15 million compared to KRW 43,991.72 million a year ago. Basic loss per share from continuing operations was KRW 8 compared to basic earnings per share from continuing operations of KRW 58 a year ago. Diluted loss per share from continuing operations was KRW 8 compared to diluted earnings per share from continuing operations of KRW 58 a year ago. Basic earnings per share was KRW 298 compared to KRW 88 a year ago. Diluted earnings per share was KRW 298 compared to KRW 88 a year ago.
SsangyongC&E Co Ltd, formerly Ssangyong Cement Industry Co Ltd, is a Korea-based company principally engaged in the production and sale of cement. The Company operates its business through seven segments. The Cement Business segment is engaged in the manufacture and sale of cement, slag cement, and slag powder. The Ready Mixed Concrete Business segment produces and supplies ready mixed concrete. The Limestone Business segment manufactures and sells limestones for steel and high-grade limestones for desulfurization. The Shipping Business segment is engaged in maritime transportation, inland and port unloading business of products such as cement. The Environmental Resource Business segment is engaged in circular resource business. The Aggregate Business segment manufactures and sells sand and gravel. The Rental Business segment is engaged in real estate rental business.
SSANGYONG C&E CO., LTD. 
