DAE-IL Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:55 pm
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DAE-IL Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 173,453.2 million compared to KRW 170,729.6 million a year ago. Net income was KRW 5,065.19 million compared to KRW 3,233.52 million a year ago. Basic earnings per share from continuing operations was KRW 132 compared to KRW 84 a year ago. Diluted earnings per share from continuing operations was KRW 132 compared to KRW 84 a year ago. Basic earnings per share was KRW 132 compared to KRW 84 a year ago.
For the nine months, sales was KRW 545,054.63 million compared to KRW 501,232.11 million a year ago. Net income was KRW 33,676.2 million compared to KRW 15,434.4 million a year ago. Basic earnings per share from continuing operations was KRW 874 compared to KRW 401 a year ago. Diluted earnings per share from continuing operations was KRW 869 compared to KRW 401 a year ago. Basic earnings per share was KRW 875 compared to KRW 401 a year ago. Diluted earnings per share was KRW 869 compared to KRW 402 a year ago.
DAE-IL Corporation is a Korea-based company mainly engaged in the manufacture of automobile parts and heavy equipment parts. The Company mainly provides three categories of products: automobile parts, which include diff sub-assemblies, clutch shafts, planet carrier shafts, oil pump gears, reaction shaft assemblies and others used for transmissions and engines of passenger cars and commercial vehicles; heavy equipment parts, such as transaxle and drive axle assemblies for transmissions of heavy equipment, such as forklifts, and motorcycle parts, which include engines and transmission assemblies for motorcycles and industrial machines. The Company distributes its products within domestic market and to overseas markets.
DAE-IL CORPORATION 
