SMCore.Inc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 06:30 am
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SMCore.Inc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 32,253.59 million compared to KRW 20,641.16 million a year ago. Net income was KRW 2,872.07 million compared to KRW 395.09 million a year ago. Basic earnings per share from continuing operations was KRW 143 compared to KRW 20 a year ago. Diluted earnings per share from continuing operations was KRW 143 compared to KRW 20 a year ago. Basic earnings per share was KRW 143 compared to KRW 20 a year ago.
For the nine months, sales was KRW 8,949.35 million compared to KRW 8,105.13 million a year ago. Net income was KRW 4,949.41 million compared to KRW 746.29 million a year ago. Basic earnings per share from continuing operations was KRW 247 compared to KRW 37 a year ago. Diluted earnings per share from continuing operations was KRW 247 compared to KRW 37 a year ago. Basic earnings per share was KRW 247 compared to KRW 37 a year ago.
SMCore.Inc, formerly Shin-heung Machine Co., Ltd, is a Korea-based company mainly engaged in the manufacture of automatic logistic equipment. The Companyâs products portfolio consists of automated storage and retrieval systems (AS/RS), stacker cranes (STCs), automatic guided vehicles (AGVs), laser guided vehicles (LGVs), electronic monorail systems (EMSs), rail guided vehicles (RGVs) and conveyors, such as chain conveyors, bin conveyors, pallet conveyors and flow chain conveyors, digital picking systems (DPS), truck loaders and others. It is also involved in the provision of integrated automation software and systems. The Company's products are used in the automobile, chemical, pharmaceutical and food industries.