KODACO Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 10:05 am IST
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KODACO Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 221.51 million compared to KRW 193.08 million a year ago. Net income was KRW 2,685.85 million compared to KRW 981.73 million a year ago.
Basic earnings per share from continuing operations was KRW 71 compared to KRW 26 a year ago. Basic earnings per share was KRW 71 compared to KRW 26 a year ago.
KODACO Co., Ltd. is a Korea-based company engaged in the manufacture of automobile components. The Company operates its business through two divisions: automobile components division, which produces engine parts including throttle bodies, water pump housings, cooling fan housings, oil pumps, oil pans, balance shaft housings and others; transmission parts, such as valve bodies, solenoid valve housings, covers, extension housings, pistons and others; steering parts, such as rack housing subassemblies, steering columns, power steering pump bodies and valve housing subassemblies; compressor parts, such as compressor heads and cylinders, as well as other products, such as filter housings, and communications division, which provides wireless fidelity (WiFi) phones.