Sambo Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:46 pm IST
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Sambo Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 114,699.58 million compared to KRW 121,483.77 million a year ago. Net loss was KRW 4,274.7 million compared to net income of KRW 2,566.28 million a year ago. Basic loss per share from continuing operations was KRW 94 compared to basic earnings per share from continuing operations of KRW 57 a year ago. Diluted loss per share from continuing operations was KRW 94 compared to diluted earnings per share from continuing operations of KRW 57 a year ago. Basic loss per share was KRW 94 compared to basic earnings per share of KRW 57 a year ago. Diluted loss per share was KRW 76.
For the six months, sales was KRW 226,203.99 million compared to KRW 239,453.08 million a year ago. Net loss was KRW 3,777.73 million compared to net income of KRW 2,633.4 million a year ago. Basic loss per share from continuing operations was KRW 83 compared to basic earnings per share from continuing operations of KRW 58 a year ago. Diluted loss per share from continuing operations was KRW 83 compared to diluted earnings per share from continuing operations of KRW 58 a year ago. Basic loss per share was KRW 83 compared to basic earnings per share of KRW 59 a year ago. Diluted loss per share was KRW 65.
SAMBO Industrial Co., Ltd. is a Korea-based company principally engaged in the manufacture and sale of aluminum alloy. The Company operates its business through three segments. The Aluminum Alloy segment produces aluminum alloy bars. The Automotive Part segment manufactures automotive parts including engine cases, transmission parts, steering systems, among others. The Broadcasting Program segment involves in the broadcasting program sales and distribution business.