Motonic Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 61,374.52 million compared to KRW 47,986.92 million a year ago. Net income was KRW 5,567.93 million compared to KRW 8,417.42 million a year ago.

Basic earnings per share from continuing operations was KRW 257 compared to KRW 385 a year ago. Basic earnings per share was KRW 257 compared to KRW 385 a year ago.