SNT Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:21 am
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SNT Holdings Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00025 million compared to KRW 0.00018 million a year ago. Net income was KRW 32,060.98 million compared to KRW 16,602.88 million a year ago. Basic earnings per share from continuing operations was KRW 2,217 compared to KRW 1,148 a year ago. Basic earnings per share was KRW 2,217 compared to KRW 1,148 a year ago.
For the nine months, sales was KRW 0.00045 million compared to negative sales of KRW 0.00022 million a year ago. Net income was KRW 62,420.75 million compared to KRW 76,411.82 million a year ago. Basic earnings per share from continuing operations was KRW 4,317 compared to KRW 5,269 a year ago. Basic earnings per share was KRW 4,317 compared to KRW 5,269 a year ago.
SNT Holdings Co Ltd, formerly S&T Holdings Co Ltd, is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries, the Company operates in four business divisions: automobile parts division, which manufactures axles, transmissions, shock absorbers, air bags, motors and others, as well as defense products; industrial equipment division, which manufactures air-cooled heat exchangers, heat recovery steam generators (HRSGs), condensers, denitrification facilities and others; motorcycle division, which manufactures motorcycles and related parts, and other products division, which provides computer numerical control (CNC) machine tools, semi conduct machinery components (SCMCs), machining centers and others. The Company's subsidiaries include S&T Dynamics Co., Ltd, S&T MOTIV CO., LTD, S&T Corporation and others.