Daedong Gear 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 56,424.46 million compared to KRW 51,643.39 million a year ago. Net loss was KRW 912.36 million compared to KRW 119.69 million a year ago. Basic loss per share from continuing operations was KRW 102 compared to KRW 13 a year ago. Basic loss per share was KRW 102 compared to KRW 13 a year ago.
For the nine months, sales was KRW 218,771.35 million compared to KRW 166,103.56 million a year ago. Net income was KRW 1,871.5 million compared to KRW 2,524.95 million a year ago. Basic earnings per share from continuing operations was KRW 208 compared to KRW 281 a year ago. Basic earnings per share was KRW 208 compared to KRW 281 a year ago.