Heung-A Shipping Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 04:09 am
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Heung-A Shipping 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 19,253.96 million compared to KRW 20,838.5 million a year ago. Net income was KRW 799.44 million compared to net loss of KRW 10,976.19 million a year ago. Basic earnings per share from continuing operations was KRW 3 compared to basic loss per share from continuing operations of KRW 411.0813 a year ago. Diluted earnings per share from continuing operations was KRW 3 compared to diluted loss per share from continuing operations of KRW 411.0813 a year ago. Basic earnings per share was KRW 3 compared to basic loss per share of KRW 420.0179 a year ago. Diluted earnings per share was KRW 3 compared to diluted loss per share of KRW 420.0179 a year ago.
For the nine months, sales was KRW 55,759.72 million compared to KRW 69,221.07 million a year ago. Net income was KRW 41,338.04 million compared to net loss of KRW 15,054.25 million a year ago. Basic earnings per share from continuing operations was KRW 391 compared to basic loss per share from continuing operations of KRW 580.8758 a year ago. Diluted earnings per share from continuing operations was KRW 388 compared to diluted loss per share from continuing operations of KRW 580.8758 a year ago. Basic earnings per share was KRW 391 compared to basic loss per share of KRW 580.8758 a year ago. Diluted earnings per share was KRW 391 compared to diluted loss per share of KRW 580.8758 a year ago.
HEUNG-A SHIPPING CO.,LTD is a Korea-based company engaged in the marine transportation business. The Company mainly provides its marine transportation services through two divisions: container carrier division and tanker division. Its container carrier division transports cargoes using full container vessels to Japan, China and South East Asia. Its tanker division transports liquefied bulk cargoes, such as organic and inorganic chemicals, vegetable and fat oils, acid products, clean petroleum products and others using chemical tanker vessels to East Asia, South East Asia, India and Middle East Asia. It is also engaged in the provision of container yard (CY) services and real estate rental business.