Hanil Iron & Steel Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 06:05 am
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Hanil Iron & Steel Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 62,644.25 million compared to KRW 77,327.33 million a year ago. Net income was KRW 4,077.73 million compared to net loss of KRW 4,662.58 million a year ago. Basic earnings per share from continuing operations was KRW 183 compared to basic loss per share from continuing operations of KRW 232 a year ago. Basic earnings per share was KRW 183 compared to basic loss per share of KRW 232 a year ago.
For the nine months, sales was KRW 179,621.01 million compared to KRW 118,475.44 million a year ago. Net income was KRW 18,306.07 million compared to net loss of KRW 6,274.49 million a year ago. Basic earnings per share from continuing operations was KRW 757 compared to basic loss per share from continuing operations of KRW 310 a year ago. Basic earnings per share was KRW 757 compared to basic loss per share of KRW 310 a year ago.
HANIL IRON& STEEL CO., LTD is a Korea-based company mainly engaged in the manufacture and sale of steel products. The Company produces and wholesales iron plates such as hot rolled steels, thick plates and shape steels used for automobile parts, ship machineries, construction, boilers and others. It also involves in the processing of coils and shots. In addition, the Company is engaged in the steel pipes and marine transportation business through its affiliated companies. It distributes its steel products within domestic market and to overseas markets.