Hwang Kum Steel & Technology Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 10:08 am IST
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Hwang Kum Steel & Technology Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 50.39 million compared to KRW 168.46 million a year ago. Net income was KRW 8,743.87 million compared to KRW 5,926.8 million a year ago. Basic earnings per share from continuing operations was KRW 515 compared to KRW 349 a year ago. Diluted earnings per share from continuing operations was KRW 515 compared to KRW 349 a year ago. Basic earnings per share was KRW 515 compared to KRW 349 a year ago.
For the six months, sales was KRW 211.14 million compared to KRW 1,344.67 million a year ago. Net income was KRW 19,319.64 million compared to KRW 11,088.91 million a year ago. Basic earnings per share from continuing operations was KRW 1,137 compared to KRW 652 a year ago. Diluted earnings per share from continuing operations was KRW 1,137 compared to KRW 652 a year ago. Basic earnings per share was KRW 1,137 compared to KRW 652 a year ago.
Hwang Kum Steel & Technology Co., Ltd is a Korea-based company mainly engaged in the manufacture and sale of stainless steel products and steel materials. The Company principally manufactures hot-rolled stainless and cold-rolled stainless steel plates used in automobile, shipbuilding, machinery, home appliance, construction and other industries. The Company also manufactures and sells special steel products and carbon steel products. It distributes its products within domestic market and to overseas markets. The Company also involves in the rental business.