GnCenergy Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:47 am EDT
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GnCenergy Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 32,715.69 million compared to KRW 39,063.9 million a year ago. Net loss was KRW 734.94 million compared to KRW 436.38 million a year ago. Basic loss per share from continuing operations was KRW 46 compared to KRW 27 a year ago. Diluted loss per share from continuing operations was KRW 46 compared to KRW 27 a year ago. Basic loss per share was KRW 46 compared to KRW 27 a year ago. Diluted loss per share was KRW 44 compared to KRW 25 a year ago.
For the six months, sales was KRW 37,776.28 million compared to KRW 45,230.54 million a year ago. Net income was KRW 472.43 million compared to KRW 515.43 million a year ago. Basic earnings per share from continuing operations was KRW 30 compared to KRW 33 a year ago. Diluted earnings per share from continuing operations was KRW 30 compared to KRW 33 a year ago. Basic earnings per share was KRW 30 compared to KRW 33 a year ago. Diluted earnings per share was KRW 32 compared to KRW 35 a year ago.
GnCenergy Co., Ltd is a Korea-based company mainly engaged in the development and manufacture of electricity generation equipment. The Company operates three main businesses: diesel engine electricity generation business, small size cogeneration business and bio gas electricity generation business. Its main products are electricity generation equipment, such as diesel engine generators, gas generators, gas turbine generators and others. The Companyâs main customers consist of telecommunication companies, such as KT, SK Telecom and LG U+; information technology (IT) companies, such as Samsung SDS, LG CNS, SK C&C, NHN Corporation and others, and hardware companies, such as Samsung Electronics and LG Electronics.
GNCENERGY CO., LTD 
