Sangsangin Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 08:15 am
Share
Sangsangin Industry 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 1.7 million compared to KRW 21.36 million a year ago. Net loss was KRW 3,273.54 million compared to KRW 443.71 million a year ago. Basic loss per share from continuing operations was KRW 184 compared to KRW 24 a year ago. Diluted loss per share from continuing operations was KRW 176 compared to KRW 32 a year ago. Basic loss per share was KRW 184 compared to KRW 24 a year ago. Diluted loss per share was KRW 176 compared to KRW 32 a year ago.
For the nine months, sales was KRW 7.85 million compared to KRW 69.04 million a year ago. Net loss was KRW 5,605.36 million compared to KRW 328.24 million a year ago. Basic loss per share from continuing operations was KRW 312 compared to KRW 20 a year ago. Diluted loss per share from continuing operations was KRW 348 compared to KRW 24 a year ago. Basic loss per share was KRW 312 compared to KRW 20 a year ago. Diluted loss per share was KRW 348 compared to KRW 24 a year ago.
KS Industry Co Ltd, formerly Sangsangin Industry Co Ltd, is a Korea-based company mainly engaged in the manufacture and sale of ship components. The Company operates its business through two segments. The Ship Component segment is engaged in the manufacture and sale of ship components, such as marine cranes, offshore cranes and deck machineries. The Other segment is mainly engaged in the litigation-related business.