Daedong Gear 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 51,643.39 million compared to KRW 43,456.06 million a year ago. Net loss was KRW 119.69 million compared to net income of KRW 559.69 million a year ago. Basic loss per share from continuing operations was KRW 13 compared to basic earnings per share from continuing operations of KRW 62 a year ago. Basic loss per share was KRW 13 compared to basic earnings per share of KRW 62 a year ago.
For the nine months, sales was KRW 166,103.56 million compared to KRW 153,370.07 million a year ago. Net income was KRW 2,524.95 million compared to KRW 4,242.6 million a year ago. Basic earnings per share from continuing operations was KRW 281 compared to KRW 472 a year ago. Basic earnings per share was KRW 281 compared to KRW 472 a year ago.