SNT Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 10:23 am IST
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SNT Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 449,830.85 million compared to KRW 327,594.07 million a year ago. Net income was KRW 25,758.69 million compared to KRW 13,742.36 million a year ago.
Basic earnings per share from continuing operations was KRW 1,781 compared to KRW 950 a year ago. Basic earnings per share was KRW 1,781 compared to KRW 950 a year ago.
SNT Holdings Co Ltd, formerly S&T Holdings Co Ltd, is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries, the Company operates in four business divisions: automobile parts division, which manufactures axles, transmissions, shock absorbers, air bags, motors and others, as well as defense products; industrial equipment division, which manufactures air-cooled heat exchangers, heat recovery steam generators (HRSGs), condensers, denitrification facilities and others; motorcycle division, which manufactures motorcycles and related parts, and other products division, which provides computer numerical control (CNC) machine tools, semi conduct machinery components (SCMCs), machining centers and others. The Company's subsidiaries include S&T Dynamics Co., Ltd, S&T MOTIV CO., LTD, S&T Corporation and others.