ENERGY&MACHINERY KOREA Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:39 am IST
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ENERGY&MACHINERY KOREA Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 24,208.58 million compared to KRW 24,951.41 million a year ago. Net loss was KRW 1,145.31 million compared to net income of KRW 1,218.39 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to basic earnings per share from continuing operations of KRW 29 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to diluted earnings per share from continuing operations of KRW 29 a year ago. Basic loss per share was KRW 27 compared to basic earnings per share of KRW 29 a year ago.
For the nine months, sales was KRW 2,644.05 million compared to KRW 3,465.68 million a year ago. Net loss was KRW 1,371.67 million compared to KRW 2,264.18 million a year ago. Basic loss per share from continuing operations was KRW 32 compared to KRW 54 a year ago. Diluted loss per share from continuing operations was KRW 32 compared to KRW 54 a year ago. Basic loss per share was KRW 32 compared to KRW 54 a year ago.
EMKorea Co Ltd is a Korea-based company primarily engaged in the manufacturing and sales of defense and aviation parts. The Company operates through six business segments. The Defense and Aerospace Business segment engages in the manufacturing of defense and aviation components. The Machining Business segment engages in the production of finished machine tools and parts. The Energy Business segment engages in hydrogen energy and station manufacturing and construction. The Power Generation and International Thermonuclear Experimental Reactor (ITER) Business segment is engaged in the production of thermal power, nuclear power, and nuclear fusion power generation facilities. The Tunnel Boring Machine (TBM) Business segment manufactures TBMs for construction. Other Business segment engage in leasing.
ENERGY&MACHINERY KOREA CO.,LTD. 
