Mando Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:59 pm IST
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Mando 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 1,436,025.9 million compared to KRW 1,501,461.41 million a year ago. Net income was KRW 22,674.49 million compared to KRW 36,877.16 million a year ago. Basic earnings per share from continuing operations was KRW 484 compared to KRW 788 a year ago. Basic earnings per share was KRW 484 compared to KRW 788 a year ago.
For the nine months, sales was KRW 4,425,023.79 million compared to KRW 3,824,974.14 million a year ago. Net income was KRW 150,035.17 million compared to net loss of KRW 67,092.15 million a year ago. Basic earnings per share from continuing operations was KRW 3,204 compared to basic loss per share from continuing operations of KRW 1,433 a year ago. Basic earnings per share was KRW 3,204 compared to basic loss per share of KRW 1,433 a year ago.
HL Mando Corp, formerly Mando Corp, is a Korea-based company mainly engaged in the production and sale of automobile parts. The Company produces and sells automobile parts such as brake, steering and suspension systems. The brake systems include anti-lock brake systems (ABSs), traction control systems (TCSs) and electronic stability controls (ESCs). The steering systems include steering gear systems, steering columns and electric power steering (EPS). The suspension systems include electronically controlled suspensions (ECSs) and continuous damping controls (CDCs). The Company sells products in domestic and overseas markets such as China, the United States, and India.
HL MANDO CORPORATION 
