Soosung Innovation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:44 am
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Soosung Innovation 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 9,666.67 million compared to KRW 4,079.11 million a year ago. Net loss was KRW 2,541.31 million compared to KRW 348.51 million a year ago. Basic loss per share from continuing operations was KRW 46 compared to KRW 12 a year ago. Basic loss per share was KRW 46 compared to KRW 12 a year ago.
For the nine months, sales was KRW 24,267.23 million compared to KRW 15,895.04 million a year ago. Net loss was KRW 15,339.73 million compared to KRW 1,990.02 million a year ago. Basic loss per share from continuing operations was KRW 325 compared to KRW 73 a year ago. Basic loss per share was KRW 325 compared to KRW 73 a year ago.
Soosung Webtoon Co Ltd, formerly Soosung Salvacion Co Ltd, is a Korea-based company principally engaged in the manufacture and distribution of industrial trucks and transfer machines. The Companyâs products include electric forklift trucks, scissors lifts, personnel lifts, platform trucks, pallet trucks, stackers, drum handling equipment, lift tables, dock levelers, golf cars, utility cars, diesel forklift trucks and other related products. The Company distributes its products within domestic market and to the overseas markets, including America, Europe, Africa and Oceania, among others.