Taihan Cable & Solution Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:37 pm EST
Share
Taihan Cable & Solution 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 16,695.03 million compared to KRW 3,588.03 million a year ago. Net income was KRW 11,840.33 million compared to KRW 7,899.14 million a year ago. Basic earnings per share from continuing operations was KRW 96 compared to KRW 64 a year ago. Diluted earnings per share from continuing operations was KRW 96 compared to KRW 64 a year ago. Basic earnings per share was KRW 96 compared to KRW 64 a year ago.
For the nine months, sales was KRW 40,727.76 million compared to KRW 17,650.04 million a year ago. Net income was KRW 33,331.69 million compared to KRW 8,406.93 million a year ago. Basic earnings per share from continuing operations was KRW 269 compared to KRW 74 a year ago. Diluted earnings per share from continuing operations was KRW 269 compared to KRW 74 a year ago. Basic earnings per share was KRW 269 compared to KRW 74 a year ago.
Taihan Electric Wire Co Ltd is a Korea-based company mainly engaged in the manufacturing of electric wires and cables. The Company operates optical fiber business, optical cable business and electrical work business. The Companyâs products consist of extra-high voltage cables, nuclear cables, control cables, electric power cables, insulated wires, trolley wires, fire protection cables, instrumentation cables, signal cables, factory automation cables and others, which are used for power generation and distribution, and optical cables, communication cables, wireless communication cables and others, which are used for telecommunication. The Company also provides copper rods, magnet wires, heating systems and others. It also involves in the electrical work business.
TAIHAN CABLE & SOLUTION CO., LTD. 
