SGC eTEC E&C Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:12 pm IST
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SGC eTEC E&C 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 0.00028 million compared to KRW 219.87 million a year ago. Net income was KRW 11,913.22 million compared to KRW 12,011.31 million a year ago. Basic earnings per share from continuing operations was KRW 3,679.2308 compared to KRW 3,710 a year ago. Basic earnings per share was KRW 3,679.2308 compared to KRW 3,710 a year ago.
For the nine months, negative sales was KRW 0.00036 million compared to sales of KRW 547.68 million a year ago. Net income was KRW 50,568.28 million compared to KRW 40,759.25 million a year ago. Basic earnings per share from continuing operations was KRW 15,618.4615 compared to KRW 12,588.4615 a year ago. Basic earnings per share was KRW 15,618.4615 compared to KRW 12,588.4615 a year ago.
SGC E&C Co Ltd, formerly SGC eTEC E&C Co Ltd, is a Korea-based company mainly engaged in the construction business. The Company operates its business through four segments. The Plant Business segment provides construction and engineering services in related fields such as new and renewable energy, petrochemicals, fine chemistry, liquid crystal display (LCD) and semiconductor materials, power generation and energy. The Civil Engineering segment engages in construction works such as civil and non-residential buildings, apartment houses, and factory buildings, and the development of real estates. The Terminal Business segment engages in the rental of cargo terminals and the sale of petroleum. The Other segment provides management support for business operations.