Hyundai Electric & Energy Systems Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:40 pm IST
Share
Hyundai Electric & Energy Systems Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 1,977.07 million compared to KRW 3,216.93 million a year ago. Net income was KRW 3,944.24 million compared to KRW 6,507.41 million a year ago. Basic earnings per share from continuing operations was KRW 110 compared to KRW 181 a year ago. Basic earnings per share was KRW 110 compared to KRW 181 a year ago.
For the nine months, sales was KRW 8,236.45 million compared to KRW 9,343.11 million a year ago. Net income was KRW 33,517.34 million compared to net loss of KRW 13,265.5 million a year ago. Basic earnings per share from continuing operations was KRW 931 compared to basic loss per share from continuing operations of KRW 369 a year ago. Basic earnings per share was KRW 931 compared to basic loss per share of KRW 369 a year ago.
HD Hyundai Electric Co Ltd, formerly Hyundai Electric & Energy Systems Co Ltd, is a Korea-based company principally engaged in manufacture and distribution of electrical components and equipment. The Companyâs products include power transformers, gas insulated switchgears, switchgears, distribution transformers, low and medium voltage circuit breakers, motors, generators, marine switchgears, marine distribution transformers, rotating machines for marine, ship automation systems, energy solutions and smart ship solutions. The Company sells its products in domestic and overseas markets.