SNT Motiv Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 11:16 am IST
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SNT Motiv Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 285,795.14 million compared to KRW 215,821.18 million a year ago. Net income was KRW 31,443.22 million compared to KRW 24,418.75 million a year ago.
Basic earnings per share from continuing operations was KRW 2,377 compared to KRW 1,763 a year ago. Basic earnings per share was KRW 2,377 compared to KRW 1,763 a year ago.
SNT MOTIV Co Ltd, formerly S&T Motiv Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of automobile parts. The Company operates its business through two segments. The Automotive Part segment produces and sells motors, engines and transmission parts, suspension system, electronics, airbags, among others. The Other segment produces and sells semiconductor equipment parts and defense products, among others. The Company sells its products in domestic and overseas markets including Europe, China, Japan, and others.