SD SYSTEM Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 10:09 am IST
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SD SYSTEM Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 0.00033 million compared to KRW 0.00008 million a year ago. Net income was KRW 321.87 million compared to KRW 128.66 million a year ago. Basic earnings per share from continuing operations was KRW 25 compared to KRW 12 a year ago. Basic earnings per share was KRW 25 compared to KRW 12 a year ago.
For the nine months, sales was KRW 0.00037 million compared to negative sales of KRW 0.00001 million a year ago. Net income was KRW 1,010.87 million compared to net loss of KRW 1,210.77 million a year ago. Basic earnings per share from continuing operations was KRW 80 compared to basic loss per share from continuing operations of KRW 114 a year ago. Basic earnings per share was KRW 80 compared to basic loss per share of KRW 114 a year ago.
SD SYSTEM Co., Ltd is a Korea-based company mainly engaged in the provision of toll collection system (TCS) equipment and services. The Companyâs products portfolio consists of TCSs and electronic TCSs (ETCS) including highway ticket issuing machines, smartcard readers and writers, lane controllers, receipt printers and operating units and others; on board units (OBUs), which are used as wireless communication devices for vehicles, and others including intelligent transport systems (ITSs), intelligent building systems (IBSs), which automatically control air conditioning and heating systems of buildings, as well as integrated closed-circuit television (CCTV) surveillances and smart parking systems. The Company also involves in system installation and maintenance business.