Youngsin Metal Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:47 am
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Youngsin Metal Industrial 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 37,061.91 million compared to KRW 28,658.18 million a year ago. Net income was KRW 2,336.19 million compared to net loss of KRW 372.4 million a year ago. Basic earnings per share from continuing operations was KRW 123 compared to basic loss per share from continuing operations of KRW 20 a year ago. Basic earnings per share was KRW 123 compared to basic loss per share of KRW 20 a year ago.
For the nine months, sales was KRW 107,485.03 million compared to KRW 90,426.84 million a year ago. Net income was KRW 2,942.49 million compared to KRW 373.95 million a year ago. Basic earnings per share from continuing operations was KRW 155 compared to KRW 20 a year ago. Basic earnings per share was KRW 155 compared to KRW 20 a year ago.
YM Co Ltd, formerly Youngsin Metal Industrial, is a Korea-based company mainly engaged in the manufacture of fasteners. The Companyâs products portfolio consists of bolts including stud bolts, high tension bolts, high precision bolts, customized special bolts and others, and screws including self drilling screws (SDSs) and stainless steel screws, which are mainly used as automobile parts. Its products are also used as parts for electronics, interior decoration and others. Its main clients include Daewoo Motor, KIA Motor, Hyundai Motor, Daerim Motor, Samsung Electronics and others. The Company distributes its products within domestic market and to overseas markets.
YOUNGSIN METAL INDUSTRIAL CO., LTD. 
