M2N Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:58 pm IST
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M2N Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 118.02 million compared to KRW 52.52 million a year ago. Net loss was KRW 1,656.32 million compared to KRW 4,406.15 million a year ago. Basic loss per share from continuing operations was KRW 42 compared to KRW 139 a year ago. Diluted loss per share from continuing operations was KRW 42 compared to KRW 139 a year ago. Basic loss per share was KRW 42 compared to KRW 139 a year ago.
For the nine months, sales was KRW 296.81 million compared to KRW 392.58 million a year ago. Net loss was KRW 5,620.41 million compared to KRW 10,885.68 million a year ago. Basic loss per share from continuing operations was KRW 142 compared to KRW 390 a year ago. Diluted loss per share from continuing operations was KRW 142 compared to KRW 390 a year ago. Basic loss per share was KRW 142 compared to KRW 390 a year ago.
M2N Co Ltd, formerly DK D&I Co Ltd, is a Korea-based company engaged in the manufacture and distribution of steel drums. The Company manufactures tight head drums, open head drums, galvanized drums and triple seams, which are mainly used for petrochemical packaging. The Company also produces steel products and automotive parts such as diesel fuel heaters.