Dayou A-Tech Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:51 am
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Dayou A-Tech 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 1,045.84 million compared to KRW 950.46 million a year ago. Net income was KRW 9,402.78 million compared to KRW 1,804.31 million a year ago. Basic loss per share from continuing operations was KRW 499.5 compared to basic earnings per share from continuing operations of KRW 225.15 a year ago. Basic earnings per share was KRW 243.33 compared to KRW 47.01 a year ago.
For the nine months, sales was KRW 2,747.59 million compared to KRW 1,994.26 million a year ago. Net loss was KRW 18,983.88 million compared to KRW 10,845.89 million a year ago. Basic loss per share from continuing operations was KRW 17.85 compared to basic earnings per share from continuing operations of KRW 464.61 a year ago. Basic loss per share was KRW 491.22 compared to KRW 282.69 a year ago.
DAYOU A-TECH CO., LTD is a Korea-based company principally engaged in the manufacture of automobile parts. The Company mainly operates through three divisions: automobile division, which involves in the manufacture of automobile seats and leasing business; alloy division, which involves in the provision of aluminum ingots, as well as solar power division, which involves in the provision of photovoltaic modules. Through its subsidiaries, the Company is also involved in the development and operation of golf courses and other related leisure facilities.