GnCenergy Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 02:57 am
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GnCenergy Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 28,604.28 million compared to KRW 21,456.59 million a year ago. Net income was KRW 1,443.2 million compared to KRW 1,207.37 million a year ago.
Basic earnings per share from continuing operations was KRW 92 compared to KRW 77 a year ago. Diluted earnings per share from continuing operations was KRW 92. Basic earnings per share was KRW 92 compared to KRW 76 a year ago.
Diluted earnings per share was KRW 92 compared to KRW 76 a year ago.
GnCenergy Co., Ltd is a Korea-based company mainly engaged in the development and manufacture of electricity generation equipment. The Company operates three main businesses: diesel engine electricity generation business, small size cogeneration business and bio gas electricity generation business. Its main products are electricity generation equipment, such as diesel engine generators, gas generators, gas turbine generators and others. The Companyâs main customers consist of telecommunication companies, such as KT, SK Telecom and LG U+; information technology (IT) companies, such as Samsung SDS, LG CNS, SK C&C, NHN Corporation and others, and hardware companies, such as Samsung Electronics and LG Electronics.
GNCENERGY CO., LTD 
