Tongyang Pile Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 2.75 million compared to KRW 1.1 million a year ago. Net income was KRW 1,680.1 million compared to KRW 540.91 million a year ago.

Basic earnings per share from continuing operations was KRW 84 compared to KRW 27 a year ago. Basic earnings per share was KRW 84 compared to KRW 27 a year ago.