Youngsin Metal Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:56 pm IST
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Youngsin Metal Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 28,658.18 million compared to KRW 28,833.68 million a year ago. Net loss was KRW 372.4 million compared to KRW 689.48 million a year ago. Basic loss per share from continuing operations was KRW 20 compared to KRW 36 a year ago. Diluted loss per share from continuing operations was KRW 20 compared to KRW 36 a year ago. Basic loss per share was KRW 20 compared to KRW 36 a year ago.
For the nine months, sales was KRW 90,426.84 million compared to KRW 77,811.59 million a year ago. Net income was KRW 373.95 million compared to net loss of KRW 2,546.41 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to basic loss per share from continuing operations of KRW 134 a year ago. Diluted earnings per share from continuing operations was KRW 20 compared to diluted loss per share from continuing operations of KRW 134 a year ago. Basic earnings per share was KRW 20 compared to basic loss per share of KRW 134 a year ago.
YM Co Ltd, formerly Youngsin Metal Industrial, is a Korea-based company mainly engaged in the manufacture of fasteners. The Companyâs products portfolio consists of bolts including stud bolts, high tension bolts, high precision bolts, customized special bolts and others, and screws including self drilling screws (SDSs) and stainless steel screws, which are mainly used as automobile parts. Its products are also used as parts for electronics, interior decoration and others. Its main clients include Daewoo Motor, KIA Motor, Hyundai Motor, Daerim Motor, Samsung Electronics and others. The Company distributes its products within domestic market and to overseas markets.
YOUNGSIN METAL INDUSTRIAL CO., LTD. 