Woosu AMS Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 12:18 am EDT
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Woosu AMS Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 95,850.99 million compared to KRW 86,528.01 million a year ago. Net income was KRW 946.41 million compared to net loss of KRW 383.06 million a year ago.
Basic earnings per share from continuing operations was KRW 24 compared to basic loss per share from continuing operations of KRW 11 a year ago. Diluted earnings per share from continuing operations was KRW 24 compared to diluted loss per share from continuing operations of KRW 11 a year ago. Basic earnings per share was KRW 24 compared to basic loss per share of KRW 11 a year ago.
WOOSU AMS CO.,LTD. is a Korea-based company engaged in the manufacture of automobile parts. The Company produces two categories of products: engine parts, including power steering pumps, air compressor assemblies, drive pump assemblies, intake manifolds, adaptor water outlets, cap camshafts, rocker arm shafts assemblies, valve guides and others, and transmission parts, including intermediate plate assemblies, differential case assemblies, transmission cases, clutch housings, control shaft completes, rail shift assemblies, fork shifts, main shafts, parking system sub parts and others. The Company distributes its products within domestic market and to overseas markets.