CBI Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 09:04 am IST
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CBI Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 7,440.41 million compared to KRW 9,502.75 million a year ago. Net loss was KRW 7,008.92 million compared to KRW 4,700.18 million a year ago. Basic loss per share from continuing operations was KRW 234 compared to KRW 174 a year ago. Diluted loss per share from continuing operations was KRW 234 compared to KRW 174 a year ago. Basic loss per share was KRW 234 compared to KRW 175 a year ago.
For the six months, sales was KRW 95.11 million compared to KRW 0.00028 million a year ago. Net loss was KRW 9,013.75 million compared to KRW 7,246.77 million a year ago. Basic loss per share from continuing operations was KRW 313 compared to KRW 288 a year ago. Diluted loss per share from continuing operations was KRW 313. Basic loss per share was KRW 313 compared to KRW 288 a year ago.
CBI Co Ltd, formerly Cheongbo Industrial Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of automotive parts. The Company manufactures and sells automotive engine parts and mission parts. The main products are bearing journal, valve tappet, hydraulic tensioner housing, fixture injector, lever, insert chamber, valve seat ring, among others. The Companyâs products are mainly used in diesel engines and transmissions.