Husteel Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:18 am
Share
Husteel Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 5,539.34 million compared to KRW 3,825.11 million a year ago. Net income was KRW 52,945.74 million compared to KRW 12,537.6 million a year ago. Basic earnings per share from continuing operations was KRW 1,351 compared to KRW 328 a year ago. Diluted earnings per share from continuing operations was KRW 1,351 compared to KRW 328 a year ago. Basic earnings per share was KRW 1,351 compared to KRW 328 a year ago.
For the six months, sales was KRW 10,520.88 million compared to KRW 6,841.14 million a year ago. Net income was KRW 70,205.82 million compared to KRW 14,846.39 million a year ago. Basic earnings per share from continuing operations was KRW 1,792 compared to KRW 389 a year ago. Diluted earnings per share from continuing operations was KRW 1,792 compared to KRW 389 a year ago. Basic earnings per share was KRW 1,792 compared to KRW 389 a year ago.
Husteel Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of steel pipes. The Company's products mainly consist of steel pipes for ordinary piping, fuel gas piping and pressure service, tubes for general structural purposes and mechanical structural purposes, square tubes, rectangular tubes, steel pipe piles, high tensile strength steel tubes for tower structural purposes, cold rolled carbon steel square pipes for aseismatic building structure, line pipes, carbon steel boilers, heat exchanger tubes and others. In addition, the Company involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets.
HUSTEEL CO., LTD. 