E1 Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:21 pm IST
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E1 Corporation reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 1,333,954.49 million compared to KRW 821,308.53 million a year ago. Net income was KRW 30,024.04 million compared to KRW 11,886.95 million a year ago. Basic earnings per share from continuing operations was KRW 5,193 compared to KRW 2,055 a year ago. Diluted earnings per share from continuing operations was KRW 5,140 compared to KRW 1,935 a year ago. Basic earnings per share was KRW 5,193 compared to KRW 2,055 a year ago. Diluted earnings per share was KRW 5,140 compared to KRW 1,935 a year ago.
For the nine months, sales was KRW 162,989.94 million compared to KRW 88,653.73 million a year ago. Net income was KRW 142,600.62 million compared to KRW 49,540.72 million a year ago. Basic earnings per share from continuing operations was KRW 24,664 compared to KRW 8,568 a year ago. Diluted earnings per share from continuing operations was KRW 24,282 compared to KRW 7,583 a year ago. Basic earnings per share was KRW 24,664 compared to KRW 8,568 a year ago. Diluted earnings per share was KRW 24,282 compared to KRW 7,583 a year ago.
E1 Corporation is a Korea-based company mainly engaged in the liquefied petroleum gas (LPG) business. The Company imports LPG mainly from Saudi Arabia, the United Arab Emirates, Kuwait, and other oil-producing countries in the Middle East, and distributes LPG to oil refining companies, gas stations and city gas companies in domestic market. It also exports LPG to overseas markets, including China, Japan, Singapore, Thailand, Vietnam and others. The Company operates terminals in Yeosu and Incheon. In addition, the Company engages in the real estate rental business.