Hyundai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:40 am IST
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Hyundai Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 819.38 million compared to KRW 6,624.96 million a year ago. Net income was KRW 4,266.03 million compared to KRW 1,917.63 million a year ago. Basic earnings per share from continuing operations was KRW 284 compared to KRW 127 a year ago. Basic earnings per share was KRW 282 compared to KRW 127 a year ago.
For the six months, sales was KRW 2,035.31 million compared to KRW 6,950.27 million a year ago. Net income was KRW 9,998.46 million compared to KRW 4,188.51 million a year ago. Basic earnings per share from continuing operations was KRW 662 compared to KRW 276 a year ago. Basic earnings per share was KRW 662 compared to KRW 276 a year ago.
Hyundai Industrial Co.,Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of automobile components. The Company's product portfolio consists of automobile seat pads, armrests, head rests, seat side pads and others. Its products are mainly used for automobile seats. The Company's main clients consist of Hyundai Motors and Kia Motors. The Company distributes its products within domestic market and to overseas markets.