Sangji Construction, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:55 pm IST
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Sangji Construction, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 26,445.69 million compared to KRW 8,888.78 million a year ago. Net loss was KRW 1,640.81 million compared to KRW 4,572.25 million a year ago. Basic loss per share from continuing operations was KRW 150 compared to KRW 500 a year ago. Diluted loss per share from continuing operations was KRW 150 compared to KRW 640 a year ago. Basic loss per share was KRW 150 compared to KRW 500 a year ago. Diluted loss per share was KRW 150 compared to KRW 640 a year ago.
For the nine months, sales was KRW 18,783.6 million compared to KRW 722.11 million a year ago. Net income was KRW 23,732.05 million compared to KRW 1,536.42 million a year ago. Basic earnings per share from continuing operations was KRW 2,340 compared to KRW 170 a year ago. Diluted earnings per share from continuing operations was KRW 1,730 compared to diluted loss per share from continuing operations of KRW 50 a year ago. Basic earnings per share was KRW 2,380 compared to KRW 170 a year ago. Diluted earnings per share was KRW 1,760 compared to diluted loss per share of KRW 50 a year ago.
Seong An Materials Co Ltd, formerly SEONGAN CO., Ltd., is a Korea-based company engaged in the construction businesses. The Company operates through three segments. The Sales Construction segment is engaged in the sales business of luxury villas and high-end officetels. The Contract Construction segment is engaged in the provision of facilities construction services such as electricity, communication, and firefighting for buildings. The Other segment is engaged in the provision of real estate-related services.