SOCAR Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:35 am IST
SOCAR 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 112,718.09 million compared to KRW 117,040.56 million a year ago. Net loss was KRW 10,762.99 million compared to net income of KRW 3,416.76 million a year ago. Basic loss per share from continuing operations was KRW 328 compared to basic earnings per share from continuing operations of KRW 111 a year ago. Diluted loss per share from continuing operations was KRW 328 compared to diluted earnings per share from continuing operations of KRW 111 a year ago. Basic loss per share was KRW 328 compared to basic earnings per share of KRW 111 a year ago.
For the nine months, sales was KRW 302,297.22 million compared to KRW 276,188.99 million a year ago. Net loss was KRW 26,773.46 million compared to KRW 15,330.44 million a year ago. Basic loss per share from continuing operations was KRW 817 compared to KRW 518 a year ago. Diluted loss per share from continuing operations was KRW 817 compared to KRW 518 a year ago. Basic loss per share was KRW 817 compared to KRW 518 a year ago.