SMCore.Inc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:59 pm IST
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SMCore.Inc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 63,815.75 million compared to KRW 32,253.59 million a year ago. Net loss was KRW 2,866.71 million compared to net income of KRW 2,872.07 million a year ago. Basic loss per share from continuing operations was KRW 147 compared to basic earnings per share from continuing operations of KRW 143 a year ago. Diluted loss per share from continuing operations was KRW 147 compared to diluted earnings per share from continuing operations of KRW 143 a year ago. Basic loss per share was KRW 147 compared to basic earnings per share of KRW 143 a year ago.
For the nine months, sales was KRW 9,908.91 million compared to KRW 8,949.35 million a year ago. Net loss was KRW 7,376.64 million compared to net income of KRW 4,949.41 million a year ago. Basic loss per share from continuing operations was KRW 377 compared to basic earnings per share from continuing operations of KRW 247 a year ago. Diluted loss per share from continuing operations was KRW 377 compared to diluted earnings per share from continuing operations of KRW 247 a year ago. Basic loss per share was KRW 377 compared to basic earnings per share of KRW 247 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.
SMCORE.INC 