Heung-A Shipping Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 11:11 pm EST
Share
Heung-A Shipping Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 40,617.56 million compared to KRW 52,883.23 million a year ago. Net income was KRW 5,558.8 million compared to KRW 6,840.39 million a year ago. Basic earnings per share from continuing operations was KRW 23.1 compared to KRW 28.5 a year ago. Diluted earnings per share from continuing operations was KRW 23.1 compared to KRW 28.5 a year ago. Basic earnings per share was KRW 23.1 compared to KRW 28.5 a year ago.
For the nine months, sales was KRW 124,728.15 million compared to KRW 125,521.38 million a year ago. Net income was KRW 17,802.19 million compared to KRW 7,959.76 million a year ago. Basic earnings per share from continuing operations was KRW 74.1 compared to KRW 33.1 a year ago. Diluted earnings per share from continuing operations was KRW 74.1 compared to KRW 33.1 a year ago. Basic earnings per share was KRW 74.1 compared to KRW 33.1 a year ago.
HEUNG-A SHIPPING CO.,LTD is a Korea-based company engaged in the marine transportation business. The Company mainly provides its marine transportation services through two divisions: container carrier division and tanker division. Its container carrier division transports cargoes using full container vessels to Japan, China and South East Asia. Its tanker division transports liquefied bulk cargoes, such as organic and inorganic chemicals, vegetable and fat oils, acid products, clean petroleum products and others using chemical tanker vessels to East Asia, South East Asia, India and Middle East Asia. It is also engaged in the provision of container yard (CY) services and real estate rental business.
HEUNG-A SHIPPING CO.,LTD. 
