Kyung Chang Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 01:32 am
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Kyung Chang Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 0.00083 million compared to KRW 0.00002 million a year ago. Net income was KRW 1,582.01 million compared to KRW 9,437.13 million a year ago. Basic earnings per share from continuing operations was KRW 45 compared to KRW 266 a year ago. Basic earnings per share was KRW 45 compared to KRW 266 a year ago.
For the six months, sales was KRW 0.0005 million compared to negative sales of KRW 0.00004 million a year ago. Net income was KRW 5,718.32 million compared to KRW 12,210.76 million a year ago. Basic earnings per share from continuing operations was KRW 161 compared to KRW 344 a year ago. Basic earnings per share was KRW 161 compared to KRW 344 a year ago.
Kyung ChangIndustrial Co., Ltd is a Korea-based company engaged in the manufacture of automobile parts. The Company mainly provides cables, such as accelerator cables, clutch cables, adjust cables, select and shift gear cables, automatic transmission cables, hood cables, auto cruise cables, window regulator cables, door latch cables, seat cables, fuel filler door latch cables, parking brake cables and others; tanks, such as reservoir tanks; pedals, such as accelerator pedals, clutch pedals and brake pedals; levers, including auto levers and parking brake levers, and others, such as bands, striker assemblies and holder assemblies. The Company distributes its products within domestic market and to overseas markets.