E1 Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:40 pm IST
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E1 Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 2,015,351.58 million compared to KRW 1,333,954.49 million a year ago. Net income was KRW 20,795.4 million compared to KRW 30,024.04 million a year ago. Basic earnings per share from continuing operations was KRW 3,597 compared to KRW 5,193 a year ago. Diluted earnings per share from continuing operations was KRW 3,597 compared to KRW 5,140 a year ago. Basic earnings per share was KRW 3,597 compared to KRW 5,193 a year ago.
For the nine months, sales was KRW 193,447.74 million compared to KRW 162,989.94 million a year ago. Net income was KRW 87,348.57 million compared to KRW 142,600.62 million a year ago. Basic earnings per share from continuing operations was KRW 15,108 compared to KRW 24,664 a year ago. Diluted earnings per share from continuing operations was KRW 15,108 compared to KRW 24,282 a year ago. Basic earnings per share was KRW 15,108 compared to KRW 24,664 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.
E1 CORPORATION 
