Sambu Engineering & Construction Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:03 pm IST
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Sambu Engineering & Construction Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 1,118.13 million compared to negative sales of KRW 130.77 million a year ago. Net loss was KRW 6,835.81 million compared to net income of KRW 7,338.25 million a year ago. Basic loss per share from continuing operations was KRW 37. Basic loss per share was KRW 37 compared to basic earnings per share of KRW 53 a year ago. Diluted loss per share was KRW 37 compared to diluted earnings per share of KRW 51 a year ago.
For the six months, sales was KRW 1,051.87 million compared to negative sales of KRW 105.48 million a year ago. Net income was KRW 1,070.19 million compared to KRW 7,406.97 million a year ago. Basic earnings per share from continuing operations was KRW 6. Basic earnings per share was KRW 6 compared to KRW 54 a year ago. Diluted earnings per share was KRW 6.05 compared to KRW 51 a year ago.
Sambu Engineering & Construction Co Ltd, formerly Sambu Construction Co Ltd, is a Korea-based company engaged in the construction business. The Company operates its business through four segments: the Domestic Business segment, which constructs roads, subways, railways, power plants, dams, harbors, water and sewage treatment facilities, bridges, public buildings, apartments, office buildings and others; the Overseas Business segment, which engages in the overseas construction projects; the Steel segment, which constructs and installs steel structures, pre-stressed high strength concrete (PHC) piles and others, and the Other Business segment is engages in the sale of lands.