Woory Industrial Holdings Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:35 am EST
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Woory Industrial Holdings Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 1,657.74 million compared to KRW 1,495.13 million a year ago. Net income was KRW 361.34 million compared to KRW 619.12 million a year ago. Basic earnings per share from continuing operations was KRW 17 compared to KRW 33 a year ago. Diluted earnings per share from continuing operations was KRW 17 compared to KRW 33 a year ago. Basic earnings per share was KRW 19 compared to KRW 33 a year ago.
For the nine months, sales was KRW 7,080.23 million compared to KRW 6,006.61 million a year ago. Net loss was KRW 1,835.24 million compared to net income of KRW 4,600.32 million a year ago. Basic loss per share from continuing operations was KRW 97 compared to basic earnings per share from continuing operations of KRW 244 a year ago. Diluted loss per share from continuing operations was KRW 97 compared to diluted earnings per share from continuing operations of KRW 244 a year ago. Basic loss per share was KRW 97 compared to basic earnings per share of KRW 244 a year ago.
WOORY INDUSTRIAL HOLDINGS CO.,LTD., formerly WOORY INDUSTRIAL CO., LTD., is a Korea-based holding company engaged in the management of subsidiaries and affiliates. The Company operates its business through its subsidiaries and affiliates. The Company manufactures heating, ventilation, air conditioning (HVAC) actuators used for controlling temperature, fan speed and air conditioning, clutch coil assemblies used for switching a compressors on and off for air conditioners, heater control assemblies used for controlling heaters and air conditioners of vehicles to meet the drivers demands, case covers of actuators, gears of actuators, panels of heater controls and other automobile components.
WOORY INDUSTRIAL HOLDINGS CO.,LTD. 
