Yesco Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:45 am EST
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Yesco 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 2,100 million compared to KRW 2,056.89 million a year ago. Net loss was KRW 6,670.72 million compared to net income of KRW 14,027.39 million a year ago. Basic loss per share from continuing operations was KRW 3,172 compared to basic earnings per share from continuing operations of KRW 3,415 a year ago. Diluted loss per share from continuing operations was KRW 3,172. Basic loss per share was KRW 1,564 compared to basic earnings per share of KRW 3,289 a year ago.
For the nine months, sales was KRW 6,913.84 million compared to KRW 6,495.06 million a year ago. Net income was KRW 1,157.65 million compared to KRW 39,799.48 million a year ago. Basic loss per share from continuing operations was KRW 1,376 compared to basic earnings per share from continuing operations of KRW 8,406 a year ago. Basic earnings per share was KRW 271 compared to KRW 9,330 a year ago.
Yesco Holdings Co., Ltd., formerly YESCO CO.,LTD., is a Korea-based company mainly engaged in the provision of city natural gas. The Company operates its business through five divisions: city gas division, which provides liquefied natural gas (LNG) and compressed natural gas (CNG), as well as gas meters and gas piping works; construction and precast concrete (PC) division, which engages in the construction materials manufacturing, civil engineering construction and housing rental and sale business; flange division, which produces wood drums and other electrical cable packaging supplies; television (TV) division, which mainly manufactures digital TV cases and vibration motors, and other division, which provides automobile internal materials and others.