TS Nexgen Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:28 am
Share
TS Nexgen 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 0.00071 million compared to KRW 0.00008 million a year ago. Net loss was KRW 221.59 million compared to KRW 5,196.98 million a year ago. Basic loss per share from continuing operations was KRW 2 compared to KRW 52 a year ago. Diluted loss per share from continuing operations was KRW 2 compared to KRW 52 a year ago. Basic loss per share was KRW 2 compared to KRW 52 a year ago.
For the six months, sales was KRW 0.00056 million compared to negative sales of KRW 0.00008 million a year ago. Net loss was KRW 1,244.07 million compared to KRW 6,771.6 million a year ago. Basic loss per share from continuing operations was KRW 12 compared to KRW 71 a year ago. Diluted loss per share from continuing operations was KRW 12 compared to KRW 71 a year ago. Basic loss per share was KRW 12 compared to KRW 71 a year ago.
TS Nexgen Co Ltd, formerly HLB Power Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of electrical equipment. The Company operates its business through five segments. The Damper segment is mainly engaged in the manufacture and sale dampers for ships, power plants and plant industrial facilities. The Busway segment is mainly engaged in the production and sale of busways for the transmission and distribution of production facilities and skyscrapers. The Energy Storage System (ESS) segment is mainly engaged in the manufacture and sale of electrical energy storage systems. The Lifeboat Inspection and After-Sales Service (A/S) segment is mainly engaged in the provision of inspection and after-sales services for lifeboats and others. The Other segment is involved in real estate development.