SC Engineering Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:09 pm IST
Share
SC Engineering 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 29,893.28 million compared to KRW 20,587.41 million a year ago. Net income was KRW 1,578.77 million compared to net loss of KRW 780.65 million a year ago. Basic earnings per share from continuing operations was KRW 50 compared to basic loss per share from continuing operations of KRW 28 a year ago. Diluted earnings per share from continuing operations was KRW 50 compared to diluted loss per share from continuing operations of KRW 28 a year ago. Basic earnings per share was KRW 50 compared to basic loss per share of KRW 28 a year ago. Diluted earnings per share was KRW 50 compared to diluted loss per share of KRW 28 a year ago.
For the nine months, sales was KRW 0.00058 million compared to KRW 0.00036 million a year ago. Net income was KRW 1,974.54 million compared to net loss of KRW 1,834.01 million a year ago. Basic earnings per share from continuing operations was KRW 63 compared to basic loss per share from continuing operations of KRW 65 a year ago. Diluted earnings per share from continuing operations was KRW 63 compared to diluted loss per share from continuing operations of KRW 65 a year ago. Basic earnings per share was KRW 63 compared to basic loss per share of KRW 65 a year ago. Diluted earnings per share was KRW 63 compared to diluted loss per share of KRW 65 a year ago.
SC Engineering Co., Ltd. is a Korea-based company principally engaged in the manufacturing and distribution of process equipment (PE) which are used in petro chemistry, oil refining, gas and power plants. The Company provides engineering services including engineering, procurement and construction (EPC) for precision chemical, biochemical, pharmaceuticals manufacturing, and food plants. Through its subsidiaries, SEWON CELLONTECH CO., LTD, SEWON CELLONTECH HYDRAULIC (SHANGHAI) CO., LTD., and RMS INNOVATIONS (U.K) LIMITED, the Company also involves in the production of chemical plant PE, including pressure vessels, reactors and columns; oil hydraulic equipment, including pumps, valves and cylinders; cell therapies, bio collagens, pharmaceuticals and cosmetics.