Shinjin Sm Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:21 pm IST
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Shinjin Sm 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 460.04 million compared to KRW 536.31 million a year ago. Net income was KRW 1,245.69 million compared to KRW 1,055.23 million a year ago. Basic earnings per share from continuing operations was KRW 73 compared to KRW 62 a year ago. Diluted earnings per share from continuing operations was KRW 73 compared to KRW 62 a year ago. Basic earnings per share was KRW 73 compared to KRW 62 a year ago.
For the nine months, sales was KRW 1,849.7 million compared to KRW 1,273.91 million a year ago. Net income was KRW 4,363.54 million compared to KRW 2,471.58 million a year ago. Basic earnings per share from continuing operations was KRW 256 compared to KRW 145 a year ago. Diluted earnings per share from continuing operations was KRW 256 compared to KRW 145 a year ago. Basic earnings per share was KRW 256 compared to KRW 145 a year ago.
SINJIN SM CO., LTD. is a Korea-based company mainly engaged in the manufacture of standard plates. The Companyâs products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others. The Company also provides processing equipment such as bearing holders, tool holders, chamber machines, precision cutting machines and others. It distributes its products within domestic market and to overseas markets.