Welcron Hantec Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 04:13 am
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Welcron Hantec Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 257.81 million compared to KRW 239.11 million a year ago. Net income was KRW 893.78 million compared to net loss of KRW 2,543.8 million a year ago.
Basic earnings per share from continuing operations was KRW 40 compared to basic loss per share from continuing operations of KRW 125 a year ago. Basic earnings per share was KRW 40 compared to basic loss per share of KRW 125 a year ago.
Welcron Hantec Co Ltd is a Korea-based company engaged in the manufacture of automated processing, energy saving and environmental plant. The Company operates its business through three segments. The Plant segment is engaged in business such as plant engineering, construction, and after-sales management, and is engaged in architectural design, supervision, and construction business management (CM). In addition, this segment manufactures and sells industrial thermal facilities, milk beverage production facilities, wastewater treatment facilities, and seawater desalination facilities. The Renewable Energy segment engages in renewable energy power generation business by operating resource recycling facilities through livestock manure and food resource conversion, and is engaged in the construction, production, and sales of biomass power plants. The Other segment is engaged in real estate rental business. The Company sells products in domestic and overseas markets.
WELCRON HANTEC CO.,LTD. 
