Jokwang ILI Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:23 pm IST
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Jokwang ILI 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 7,623.99 million compared to KRW 6,878.62 million a year ago. Net income was KRW 2,386.93 million compared to KRW 315.97 million a year ago. Basic earnings per share from continuing operations was KRW 25 compared to KRW 3 a year ago. Basic earnings per share was KRW 25 compared to KRW 3 a year ago.
For the nine months, sales was KRW 10.2 million compared to KRW 12.57 million a year ago. Net loss was KRW 9,135.67 million compared to KRW 5,150.25 million a year ago. Basic loss per share from continuing operations was KRW 95 compared to KRW 58 a year ago. Basic loss per share was KRW 96 compared to KRW 58 a year ago.
Jokwang I.L.I. Co.,Ltd is a Korea-based company primarily engaged in the manufacture and distribution of valves. The Companyâs valves mainly consist of safety relief valves, stream traps, reducing and regulating valves, strainers and others. Its products are principally used in shipbuilding, construction, petrochemical plant and nuclear power sectors. The Company is also engaged in the plant rental business. The Company distributes its products within domestic market and to overseas markets.
JOKWANG ILI CO., LTD. 