IS DongSeo Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 08:32 am
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IS DongSeo Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 1,261.96 million compared to KRW 1,200.51 million a year ago. Net income was KRW 51,913.88 million compared to net loss of KRW 238.41 million a year ago. Basic earnings per share from continuing operations was KRW 1,701 compared to basic loss per share from continuing operations of KRW 7 a year ago. Diluted earnings per share from continuing operations was KRW 1,701 compared to diluted loss per share from continuing operations of KRW 7 a year ago. Basic earnings per share was KRW 1,701 compared to basic loss per share of KRW 7 a year ago.
For the six months, sales was KRW 2,061.94 million compared to KRW 2,457.73 million a year ago. Net income was KRW 131,080.74 million compared to KRW 11,699.54 million a year ago. Basic earnings per share from continuing operations was KRW 4,296 compared to KRW 384 a year ago. Diluted earnings per share from continuing operations was KRW 4,296 compared to KRW 384 a year ago. Basic earnings per share was KRW 4,296 compared to KRW 384 a year ago.
IS Dongseo Co Ltd is a Korea-based company principally engaged in the construction business. The Company operates its business through seven segments. Construction segment is engaged in the construction of apartments, villas, schools, museums, leisure facilities, residential-commercial complexes and others. Ceramic Industry segment manufactures and sells tiles, sanitary wares and bidets. Concrete segment is engaged in the manufacture of prestressed high-strength concrete (PHC) piles, concrete segments, general prestressed concretes, rail ties and others. Rental segment is engaged in the equipment leasing business. Environmental Business segment conducts construction waste collection, transportation and intermediate treatment, car demolition recycling business, as well as services. Marine Transportation segment engages in the marine transportation business. Other segment is engaged in the leasing business.