DAEYANG ELECTRIC.Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022
March 21, 2023 at 01:36 pm IST
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DAEYANG ELECTRIC.Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was KRW 130,396.03 million compared to KRW 136,604.76 million a year ago. Net loss was KRW 7,496.35 million compared to net income of KRW 8,836.99 million a year ago.
Basic loss per share from continuing operations was KRW 804 compared to basic earnings per share from continuing operations of KRW 951 a year ago. Diluted loss per share from continuing operations was KRW 804 compared to diluted earnings per share from continuing operations of KRW 951 a year ago. Basic loss per share was KRW 804 compared to basic earnings per share of KRW 951 a year ago.
DAEYANG ELECTRIC. Co., Ltd. is a Korea-based company engaged in the manufacturing of lighting devices and electrical components. The Company's product portfolio consists of lighting devices, electronic systems, distribution boards, receptacles and fans. The lighting devices include fluorescent lightings, incandescent lightings, navigation and signal lightings, spot lights, search lights, anti-explosion lamps and others for industrial and ship uses. The electronic systems are used in marine communication and navigation equipment, refrigeration container monitoring systems, and others. The distribution boards are used for ships and trains. It also provides lead storage batteries through its subsidiary. The Company mainly distributes its products to overseas markets.
DAEYANG ELECTRIC.CO.,LTD. 
