Daesang Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 06:45 am
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Daesang Holdings 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 1,408,577.44 million compared to KRW 1,360,468.35 million a year ago. Net loss was KRW 4,397.52 million compared to net income of KRW 2,315.81 million a year ago. Basic loss per share from continuing operations was KRW 119 compared to basic earnings per share from continuing operations of KRW 62 a year ago. Basic loss per share was KRW 119 compared to basic earnings per share of KRW 62 a year ago.
For the nine months, sales was KRW 3,999,104.12 million compared to KRW 3,935,644.79 million a year ago. Net income was KRW 24,307.08 million compared to KRW 46,871.63 million a year ago. Basic earnings per share from continuing operations was KRW 655 compared to KRW 1,262 a year ago. Basic earnings per share was KRW 655 compared to KRW 1,262 a year ago.
DAESANG HOLDINGS CO., LTD is a Korea-based holding company engaged in the management of its subsidiaries. The Companyâs subsidiaries consist of Daesang Corporation, engaged in the manufacturing and sale of processed food products such as processed food and starch products; Daesang Information Tech., engaged in software consulting and development business; SANGAM COMMUNICATIONS.INC, engaged in the advertising agency business; Dongseo Construction CO.,Ltd, engaged in the construction and engineering business; Agronix Corporation, engaged in wholesale and retail of agricultural products; CHOROKMAEUL CO.,LTD., engaged in the distribution of environment-friendly agricultural products, and Daesang HS Co., Ltd., engaged in the food store business.