TPC Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 09:11 am
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TPC Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 20,920.96 million compared to KRW 22,199.83 million a year ago. Net loss was KRW 488.48 million compared to KRW 562.04 million a year ago. Basic loss per share from continuing operations was KRW 43 compared to KRW 50 a year ago. Diluted loss per share from continuing operations was KRW 43 compared to KRW 50 a year ago. Basic loss per share was KRW 43 compared to KRW 50 a year ago.
For the six months, sales was KRW 38,774.42 million compared to KRW 40,717.39 million a year ago. Net loss was KRW 950.24 million compared to KRW 526.21 million a year ago. Basic loss per share from continuing operations was KRW 84 compared to KRW 47 a year ago. Diluted loss per share from continuing operations was KRW 84 compared to KRW 47 a year ago. Basic loss per share was KRW 84 compared to KRW 47 a year ago.
TPC Co,. Ltd is a Korea-based company mainly engaged in the manufacture and distribution of motor vehicle parts. The Companyâs product portfolio consists of anti-vibration products including precision steel tubes used to relieve noise, vibration and harshness, and precision as-welded tubes, used as precision pipes for motor vehicles and machinery structures; water pipes, used as a route of cooling water from engines to radiators to prevent overheating and keep cooling; filler necks, used to transfer oil from inlets to oil tanks, and others, used for surface treatments and heat treatments. Its main clients are Hyundai Motor, GM Daewoo, Renault Samsung Motors, Toyota and others. The Company distributes its products within domestic market and to overseas markets, such as Japan, the United States and Germany.
TPC CO., LTD. 
