Seoyon Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 08:13 am
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Seoyon 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 5,836.73 million compared to KRW 6,067.22 million a year ago. Net income was KRW 39,008.77 million compared to KRW 13,455.94 million a year ago. Basic earnings per share from continuing operations was KRW 1,797 compared to KRW 620 a year ago. Basic earnings per share was KRW 1,797 compared to KRW 620 a year ago.
For the nine months, sales was KRW 18,603.48 million compared to KRW 13,172.48 million a year ago. Net income was KRW 71,639.88 million compared to KRW 27,756.33 million a year ago. Basic earnings per share from continuing operations was KRW 3,300 compared to KRW 1,279 a year ago. Basic earnings per share was KRW 3,300 compared to KRW 1,279 a year ago.
SEOYEON CO. LTD., formerly HAN IL E WHA CO., LTD., is a Korea-based company mainly engaged in the manufacture and distribution of automobile interior parts and accessories. The Company produces door trims, car seats, head linings, covering shelves, package trays, screen assemblies, pillar trims, key sets, multifunction switches, power window switches and others, which are mainly used for automobiles. The Company's main customers include Hyundai Motor Company and KIA Motors Corporation. The Company distributes its products within domestic market and to overseas markets, including Europe, China, India, America and others.