AK Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:30 pm IST
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AK Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 975,374.76 million compared to KRW 832,395 million a year ago. Net loss was KRW 7,999.4 million compared to KRW 45,505.96 million a year ago. Basic loss per share from continuing operations was KRW 613 compared to KRW 3,490 a year ago. Diluted loss per share from continuing operations was KRW 613 compared to KRW 3,490 a year ago. Basic loss per share was KRW 613 compared to KRW 3,490 a year ago.
For the nine months, sales was KRW 2,372,043.95 million compared to KRW 2,169,491.62 million a year ago. Net loss was KRW 29,500.95 million compared to KRW 84,702.71 million a year ago. Basic loss per share from continuing operations was KRW 2,261 compared to KRW 6,493 a year ago. Diluted loss per share from continuing operations was KRW 2,261 compared to KRW 6,493 a year ago. Basic loss per share was KRW 2,261 compared to KRW 6,493 a year ago.
AK Holdings Inc is a Korea-based holding company that principally engaged in the management of its subsidiaries. The Company operates its business through five segments. The Chemical segment is mainly engaged in the manufacture and distribution of synthetic resins, surfactants, paints, phthalic anhydride and derivatives thereof. The Air Transportation segment mainly engaged in the provision of air transportation services. The Household Goods Cosmetic segment is mainly engaged in the manufacture and distribution of household goods and cosmetics. The Department Store segment is mainly engaged in the operation of department store. The Real Estate segment is mainly engaged in the development, sales and leasing of real estate development.