Histeel Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:11 am
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Histeel Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative sales was KRW 0.00084 million compared to sales of KRW 0.00008 million a year ago. Net income was KRW 2,116.03 million compared to KRW 8,128.69 million a year ago. Basic earnings per share from continuing operations was KRW 106 compared to KRW 407 a year ago. Basic earnings per share was KRW 106 compared to KRW 407 a year ago.
For the six months, negative sales was KRW 0.00048 million compared to sales of KRW 0.0003 million a year ago. Net income was KRW 8,455.57 million compared to KRW 10,610.41 million a year ago. Basic earnings per share from continuing operations was KRW 423 compared to KRW 531 a year ago. Basic earnings per share was KRW 423 compared to KRW 531 a year ago.
HISTEEL CO., LTD. is a Korea-based company engaged in the manufacture and distribution of steel pipes. The Company produces steel pipes, including submerged arc welded (SAW) pipes, such as line pipes, pressure pipes, structural pipes and pipe piles, as well as electric resistance welded (ERW) pipes, such as square pipes, ordinary pipes, structural pipes, automotive pipes and others under the brand name of HISTEEL, which are used for automobiles, boilers, shipping machines, pipes, furniture, buildings and others. The Company distributes its products within domestic market and to overseas markets.
HISTEEL CO.,LTD. 
