Youngsin Metal Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:15 am EST
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Youngsin Metal Industrial 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 43,043.92 million compared to KRW 37,061.91 million a year ago. Net income was KRW 84.25 million compared to KRW 2,336.19 million a year ago. Basic earnings per share from continuing operations was KRW 4 compared to KRW 123 a year ago. Basic earnings per share was KRW 4 compared to KRW 123 a year ago.
For the nine months, sales was KRW 124,986.17 million compared to KRW 107,485.03 million a year ago. Net income was KRW 58.58 million compared to KRW 2,942.49 million a year ago. Basic earnings per share from continuing operations was KRW 3 compared to KRW 155 a year ago. Basic earnings per share was KRW 3 compared to KRW 155 a year ago.
YM Co Ltd, formerly Youngsin Metal Industrial, is a Korea-based company mainly engaged in the manufacture of fasteners. The Companyâs products portfolio consists of bolts including stud bolts, high tension bolts, high precision bolts, customized special bolts and others, and screws including self drilling screws (SDSs) and stainless steel screws, which are mainly used as automobile parts. Its products are also used as parts for electronics, interior decoration and others. Its main clients include Daewoo Motor, KIA Motor, Hyundai Motor, Daerim Motor, Samsung Electronics and others. The Company distributes its products within domestic market and to overseas markets.
YOUNGSIN METAL INDUSTRIAL CO., LTD. 
