SMCore.Inc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:33 pm IST
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SMCore.Inc reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 20,641.16 million compared to KRW 24,040.18 million a year ago. Net income was KRW 395.09 million compared to KRW 305.43 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to KRW 15 a year ago. Diluted earnings per share from continuing operations was KRW 20 compared to KRW 15 a year ago. Basic earnings per share was KRW 20 compared to KRW 15 a year ago.
For the nine months, sales was KRW 8,105.13 million compared to KRW 5,216.19 million a year ago. Net income was KRW 746.29 million compared to KRW 813.02 million a year ago. Basic earnings per share from continuing operations was KRW 37 compared to KRW 41 a year ago. Diluted earnings per share from continuing operations was KRW 37 compared to KRW 41 a year ago. Basic earnings per share was KRW 37 compared to KRW 41 a year ago.
SMCore.Inc, formerly Shin-heung Machine Co., Ltd, is a Korea-based company mainly engaged in the manufacture of automatic logistic equipment. The Companyâs products portfolio consists of automated storage and retrieval systems (AS/RS), stacker cranes (STCs), automatic guided vehicles (AGVs), laser guided vehicles (LGVs), electronic monorail systems (EMSs), rail guided vehicles (RGVs) and conveyors, such as chain conveyors, bin conveyors, pallet conveyors and flow chain conveyors, digital picking systems (DPS), truck loaders and others. It is also involved in the provision of integrated automation software and systems. The Company's products are used in the automobile, chemical, pharmaceutical and food industries.