Woory Industrial Holdings Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:00 am EST
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Woory Industrial Holdings 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 7,191.35 million compared to KRW 1,657.74 million a year ago. Net income was KRW 2,125.13 million compared to KRW 361.34 million a year ago. Basic earnings per share from continuing operations was KRW 113 compared to KRW 17 a year ago. Diluted earnings per share from continuing operations was KRW 113 compared to KRW 17 a year ago. Basic earnings per share was KRW 113 compared to KRW 17 a year ago.
For the nine months, sales was KRW 17,425.48 million compared to KRW 7,080.23 million a year ago. Net income was KRW 6,650.02 million compared to net loss of KRW 1,835.24 million a year ago. Basic earnings per share from continuing operations was KRW 352 compared to basic loss per share from continuing operations of KRW 97 a year ago. Diluted earnings per share from continuing operations was KRW 352 compared to diluted loss per share from continuing operations of KRW 97 a year ago. Basic earnings per share was KRW 352 compared to basic loss per share of KRW 97 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.