KANGWON ENERGY Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 09:23 am
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KANGWON ENERGY Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported negative sales was KRW 0.00001 million compared to KRW 0.00006 million a year ago. Net loss was KRW 1,183.81 million compared to net income of KRW 475.59 million a year ago.
Basic loss per share from continuing operations was KRW 46 compared to basic earnings per share from continuing operations of KRW 18 a year ago. Basic loss per share was KRW 46 compared to basic earnings per share of KRW 18 a year ago.
Kangwon Energy Co Ltd, formerly Kangwon Co Ltd is a Korea-based company engaged in the manufacture and sale of industrial plant equipment. The Company operates its business through Industrial Plant Equipment segment. The Industrial Plant Equipment segment manufactures and sells industrial boiler equipment, chemical equipment, and environmental energy equipment, such as water pipe boilers, auxiliary power boilers, sulfur recovery equipment, thermal fluid boilers, and waste heat recovery equipment. The Company distributes its products in both domestic and overseas markets.