Hanil Iron & Steel Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:19 am
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Hanil Iron & Steel 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 63,166.45 million compared to KRW 62,644.25 million a year ago. Net loss was KRW 4,985.45 million compared to net income of KRW 4,077.73 million a year ago. Basic loss per share from continuing operations was KRW 205 compared to basic earnings per share from continuing operations of KRW 183 a year ago. Diluted loss per share from continuing operations was KRW 205 compared to diluted earnings per share from continuing operations of KRW 183 a year ago. Basic loss per share was KRW 205 compared to basic earnings per share of KRW 183 a year ago.
For the nine months, sales was KRW 196,043.57 million compared to KRW 179,621.01 million a year ago. Net loss was KRW 2,469.98 million compared to net income of KRW 18,306.07 million a year ago. Basic loss per share from continuing operations was KRW 101 compared to basic earnings per share from continuing operations of KRW 757 a year ago. Diluted loss per share from continuing operations was KRW 101 compared to diluted earnings per share from continuing operations of KRW 757 a year ago. Basic loss per share was KRW 101 compared to basic earnings per share of KRW 757 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.