Hyundai Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 05:45 am IST
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Hyundai Industrial 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 1,489.68 million compared to KRW 634.01 million a year ago. Net income was KRW 2,658.03 million compared to KRW 3,158.32 million a year ago. Basic earnings per share from continuing operations was KRW 175 compared to KRW 208 a year ago. Basic earnings per share was KRW 175 compared to KRW 208 a year ago.
For the nine months, sales was KRW 3,524.99 million compared to KRW 7,584.28 million a year ago. Net income was KRW 12,656.49 million compared to KRW 7,346.84 million a year ago. Basic earnings per share from continuing operations was KRW 837 compared to KRW 485 a year ago. Basic earnings per share was KRW 837 compared to KRW 485 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.