Taekwang Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 588,162.09 million compared to KRW 733,521.45 million a year ago. Net income was KRW 33,632.79 million compared to KRW 40,297.34 million a year ago.

Basic earnings per share from continuing operations was KRW 39,961 compared to KRW 47,880 a year ago. Basic earnings per share was KRW 39,961 compared to KRW 47,880 a year ago.