Daesung Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
March 21, 2024 at 04:37 am
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Daesung Industrial Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 18,134.23 million compared to KRW 21,561.67 million a year ago. Net loss was KRW 6,326.58 million compared to KRW 11,884.32 million a year ago.
Basic loss per share from continuing operations was KRW 169 compared to KRW 321 a year ago. Basic loss per share was KRW 169 compared to KRW 321 a year ago.
Daesung Industrial Co., Ltd. is a Korea-based company mainly engaged in the distribution of petroleum gas. It operates its businesses through four segments. It oil/gas segment operates gas stations and charging stations, selling oils and other gases, as well as develops oil and gas fields in overseas mining lots. Its construction segment constructs residential, commercial and industrial buildings, including apartments, offices, hotels, theaters, factories and others. Its distribution segment operates complex shopping town, including department stores, hotels, musical theaters and others. Its other segment involves in the cogeneration business, providing local heat, steam and electricity; provision of gas meters, gas boilers and hydraulic valves used for agricultural machineries; computer system integration, as well as coal mining. On December 4, 2013, it transferred all the asset and debts of Kojen Business Unit to DS POWER CO,.LTD.