SeAH Holdings Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:48 pm IST
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SeAH Holdings Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 1,657,048.73 million compared to KRW 1,503,915.11 million a year ago. Net income was KRW 4,926.7 million compared to net loss of KRW 42,866.4 million a year ago. Basic earnings per share from continuing operations was KRW 1,274 compared to basic loss per share from continuing operations of KRW 10,882 a year ago. Basic earnings per share was KRW 1,274 compared to basic loss per share of KRW 10,882 a year ago.
For the nine months, sales was KRW 14,885.17 million compared to KRW 13,630.4 million a year ago. Net income was KRW 116,264.84 million compared to KRW 28,955.64 million a year ago. Basic earnings per share from continuing operations was KRW 29,777 compared to KRW 7,317 a year ago. Basic earnings per share was KRW 29,777 compared to KRW 7,317 a year ago.
SeAH Holdings Corporation is a Korea-based holding company engaged in the management of its subsidiaries. The Companyâs subsidiaries include SeAH Besteel Corporation, engaged in the manufacture of special steels and large forgings; SeAH SPECIAL STEEL CO.,LTD., engaged in the manufacture of cold heading quality wires, cold drawn bars, stainless steel bars and others; Dreamline Corporation, engaged in the provision of voice over Internet phone (VoIP) services, Internet services, rental services and others; Korea Bundy Co., Ltd., engaged in the manufacture of steel tubes; SeAH ENT CO., LTD, engaged in the provision of industrial facilities, boilers, pressure vessels and turbo compressors; SeAH Networks Co., Ltd., engaged in the provision of system integration, network integration and other services; SeAH Metals & Solution, engaged in the nonferrous metals smelting and refining, and alloy manufacturing, and others.