Hyundai Elevator Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:23 pm IST
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Hyundai Elevator Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 673,077.76 million compared to KRW 546,193.09 million a year ago. Net income was KRW 41,745.32 million compared to net loss of KRW 13,922.23 million a year ago. Basic earnings per share from continuing operations was KRW 1,145 compared to basic loss per share from continuing operations of KRW 341 a year ago. Diluted earnings per share from continuing operations was KRW 1,145 compared to diluted loss per share from continuing operations of KRW 341 a year ago. Basic earnings per share was KRW 1,145 compared to basic loss per share of KRW 341 a year ago.
For the nine months, sales was KRW 1,890,602.44 million compared to KRW 1,506,656.44 million a year ago. Net income was KRW 345,411.58 million compared to KRW 66,831.67 million a year ago. Basic earnings per share from continuing operations was KRW 9,118 compared to KRW 1,637 a year ago. Diluted earnings per share from continuing operations was KRW 9,118 compared to KRW 1,637 a year ago. Basic earnings per share was KRW 9,118 compared to KRW 1,637 a year ago.
Hyundai Elevator Co Ltd is a Korea-based company mainly engaged in the production and sale of the elevators. The Company operates its business through six segments. The Goods Handling Equipment Manufacturing segment is engaged in the production and sales of products such as elevators, escalators and parking facilities. The Installation and Repair Service segment is engaged in business such as installation and sales of elevator products, repair work, and regular maintenance. The Real Estate Rental segment is engaged in land and building rental business. The Tourism and Accommodation segment is engaged in the management of hotels and training centers, and real estate management. The Travel and Construction segment is engaged in the tourism and construction businesses. The Other segment is engaged in the consulting and education business.