SsangYong C&E Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:08 am
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SsangYong C&E Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 76,190.29 million compared to KRW 93,150.67 million a year ago. Net income was KRW 20,471.31 million compared to KRW 72,764.6 million a year ago. Basic earnings per share from continuing operations was KRW 41 compared to KRW 145 a year ago. Diluted earnings per share from continuing operations was KRW 41 compared to KRW 145 a year ago. Basic earnings per share was KRW 41 compared to KRW 145 a year ago.
For the nine months, sales was KRW 239,913.18 million compared to KRW 190,789.17 million a year ago. Net income was KRW 43,991.72 million compared to KRW 164,056.45 million a year ago. Basic earnings per share from continuing operations was KRW 88 compared to KRW 327 a year ago. Diluted earnings per share from continuing operations was KRW 88 compared to KRW 327 a year ago. Basic earnings per share was KRW 88 compared to KRW 327 a year ago.
SsangyongC&E Co Ltd, formerly Ssangyong Cement Industry Co Ltd, is a Korea-based company principally engaged in the production and sale of cement. The Company operates its business through seven segments. The Cement Business segment is engaged in the manufacture and sale of cement, slag cement, and slag powder. The Ready Mixed Concrete Business segment produces and supplies ready mixed concrete. The Limestone Business segment manufactures and sells limestones for steel and high-grade limestones for desulfurization. The Shipping Business segment is engaged in maritime transportation, inland and port unloading business of products such as cement. The Environmental Resource Business segment is engaged in circular resource business. The Aggregate Business segment manufactures and sells sand and gravel. The Rental Business segment is engaged in real estate rental business.
SSANGYONG C&E CO., LTD. 
