Seoyon Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:30 am
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Seoyon Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 6,067.22 million compared to KRW 3,270.32 million a year ago. Net income was KRW 13,455.94 million compared to net loss of KRW 707.33 million a year ago. Basic earnings per share from continuing operations was KRW 620 compared to basic loss per share from continuing operations of KRW 33 a year ago. Basic earnings per share was KRW 620 compared to basic loss per share of KRW 33 a year ago.
For the nine months, sales was KRW 13,172.48 million compared to KRW 5,356.45 million a year ago. Net income was KRW 27,756.33 million compared to net loss of KRW 17,664.52 million a year ago. Basic earnings per share from continuing operations was KRW 1,279 compared to basic loss per share from continuing operations of KRW 814 a year ago. Basic earnings per share was KRW 1,279 compared to basic loss per share of KRW 814 a year ago.
SEOYEON CO. LTD., formerly HAN IL E WHA CO., LTD., is a Korea-based company mainly engaged in the manufacture and distribution of automobile interior parts and accessories. The Company produces door trims, car seats, head linings, covering shelves, package trays, screen assemblies, pillar trims, key sets, multifunction switches, power window switches and others, which are mainly used for automobiles. The Company's main customers include Hyundai Motor Company and KIA Motors Corporation. The Company distributes its products within domestic market and to overseas markets, including Europe, China, India, America and others.