Daechang Forging Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 08:47 am IST
Share
Daechang Forging Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 4,026.91 million compared to KRW 2,309.27 million a year ago. Net income was KRW 11,792.41 million compared to KRW 5,007.1 million a year ago. Basic earnings per share from continuing operations was KRW 455 compared to KRW 193 a year ago. Basic earnings per share was KRW 455 compared to KRW 193 a year ago.
For the six months, sales was KRW 8,375.5 million compared to KRW 4,226.16 million a year ago. Net income was KRW 19,758 million compared to KRW 13,053.19 million a year ago. Basic earnings per share from continuing operations was KRW 763 compared to KRW 504 a year ago. Basic earnings per share was KRW 763 compared to KRW 504 a year ago.
DaeChang Forging Co., LTD. is a Korea-based company engaged in the manufacture of heavy machinery components and automobile parts. Its heavy machinery components include links, roller assemblies, track shoes, track chains, seals, pins, bushings, bolts and nuts, which are used for excavators, tractors and other heavy equipment. It also produces crank shafts used in engine parts of automobiles. The Company distributes its products within domestic market and to overseas markets.
DAECHANG FORGING CO., LTD. 
