Iljin Diamond Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:21 am
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Iljin Diamond 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 56,584.3 million compared to KRW 57,129.3 million a year ago. Net income was KRW 1,667.19 million compared to KRW 4,992.26 million a year ago. Basic earnings per share from continuing operations was KRW 120 compared to KRW 354 a year ago. Diluted earnings per share from continuing operations was KRW 120 compared to KRW 354 a year ago. Basic earnings per share was KRW 118 compared to KRW 352 a year ago. Diluted earnings per share was KRW 118 compared to KRW 352 a year ago.
For the six months, sales was KRW 89,826.85 million compared to KRW 92,193.38 million a year ago. Net income was KRW 3,637.7 million compared to KRW 5,783.21 million a year ago. Basic earnings per share from continuing operations was KRW 261 compared to KRW 412 a year ago. Diluted earnings per share from continuing operations was KRW 261 compared to KRW 412 a year ago. Basic earnings per share was KRW 256 compared to KRW 410 a year ago. Diluted earnings per share was KRW 256 compared to KRW 410 a year ago.
ILJIN DIAMOND.CO,.LTD. is a Korea-based company engaged in the manufacture of industrial diamonds. The Company's products include diamond grits, which are used in sawing, drilling and dressing stones, reinforced concretes, asphalts, refractories, electrical materials and others; cutting tool blanks, which are used in wood furniture, steel and metal products, printed circuit boards (PCBs) and others, and hard metals, which are used as materials for high pressure molding and printed circuit board (PCB) punching. The Company distributes its products within domestic market and to overseas markets.
ILJIN DIAMOND CO.,LTD 