Sambu Engineering & Construction Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:11 pm IST
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Sambu Engineering & Construction 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 83.15 million compared to KRW 220.25 million a year ago. Net loss was KRW 8,642.93 million compared to net income of KRW 5,145.05 million a year ago. Basic loss per share from continuing operations was KRW 46. Basic loss per share was KRW 46 compared to basic earnings per share of KRW 38 a year ago. Diluted loss per share was KRW 46 compared to diluted earnings per share of KRW 38 a year ago.
For the nine months, sales was KRW 1,135.01 million compared to KRW 114.77 million a year ago. Net loss was KRW 7,572.74 million compared to net income of KRW 12,552.02 million a year ago. Basic loss per share from continuing operations was KRW 43. Diluted loss per share from continuing operations was KRW 41. Basic loss per share was KRW 43 compared to basic earnings per share of KRW 93 a year ago. Diluted loss per share was KRW 43 compared to diluted earnings per share of KRW 85 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.