Histeel Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:09 pm IST
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Histeel 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 50,398.09 million compared to KRW 32,583.42 million a year ago. Net income was KRW 3,339.16 million compared to KRW 460.73 million a year ago. Basic earnings per share from continuing operations was KRW 167 compared to KRW 23.1 a year ago. Basic earnings per share was KRW 167 compared to KRW 231 a year ago.
For the nine months, sales was KRW 0.00043 million compared to KRW 0.00055 million a year ago. Net income was KRW 13,949.57 million compared to net loss of KRW 1,853.55 million a year ago. Basic earnings per share from continuing operations was KRW 698 compared to basic loss per share from continuing operations of KRW 92.7 a year ago. Basic earnings per share was KRW 698 compared to basic loss per share of KRW 927 a year ago.
HISTEEL CO., LTD. is a Korea-based company engaged in the manufacture and distribution of steel pipes. The Company produces steel pipes, including submerged arc welded (SAW) pipes, such as line pipes, pressure pipes, structural pipes and pipe piles, as well as electric resistance welded (ERW) pipes, such as square pipes, ordinary pipes, structural pipes, automotive pipes and others under the brand name of HISTEEL, which are used for automobiles, boilers, shipping machines, pipes, furniture, buildings and others. The Company distributes its products within domestic market and to overseas markets.
HISTEEL CO.,LTD. 
