Taeyang Metal 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 154,046.75 million compared to KRW 132,302.43 million a year ago. Net income was KRW 1,919.94 million compared to KRW 19.07 million a year ago. Basic earnings per share from continuing operations was KRW 53. Diluted earnings per share from continuing operations was KRW 53. Basic earnings per share was KRW 53.
For the six months, sales was KRW 308,590.36 million compared to KRW 260,930.83 million a year ago. Net income was KRW 3,647.16 million compared to net loss of KRW 512.82 million a year ago. Basic earnings per share from continuing operations was KRW 100 compared to basic loss per share from continuing operations of KRW 15 a year ago. Diluted earnings per share from continuing operations was KRW 100 compared to diluted loss per share from continuing operations of KRW 15 a year ago. Basic earnings per share was KRW 100 compared to basic loss per share of KRW 15 a year ago.