Sambo Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:03 pm IST
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Sambo Industrial 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 100,677.66 million compared to KRW 81,666.95 million a year ago. Net loss was KRW 9,305.82 million compared to KRW 1,772.72 million a year ago. Basic loss per share from continuing operations was KRW 206 compared to KRW 46 a year ago. Diluted loss per share from continuing operations was KRW 206 compared to KRW 46 a year ago. Basic loss per share was KRW 206 compared to KRW 46 a year ago.
For the nine months, sales was KRW 340,130.75 million compared to KRW 260,500.12 million a year ago. Net loss was KRW 6,672.42 million compared to net income of KRW 1,293.57 million a year ago. Basic loss per share from continuing operations was KRW 147 compared to basic earnings per share from continuing operations of KRW 34 a year ago. Diluted loss per share from continuing operations was KRW 147 compared to diluted earnings per share from continuing operations of KRW 34 a year ago. Basic loss per share was KRW 147 compared to basic earnings per share of KRW 34 a year ago.
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.