Cheryong Electric Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.00002 million compared to KRW 0.00002 million a year ago. Net income was KRW 7,548.24 million compared to net loss of KRW 466.01 million a year ago.

Basic earnings per share from continuing operations was KRW 470 compared to basic loss per share from continuing operations of KRW 29 a year ago. Basic earnings per share was KRW 470 compared to basic loss per share of KRW 29 a year ago.