KG Dongbu Steel Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:32 am EDT
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KG Dongbu Steel Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 888,013.56 million compared to KRW 1,075,775.53 million a year ago. Net income was KRW 56,606.44 million compared to KRW 69,203.68 million a year ago. Basic earnings per share from continuing operations was KRW 566 compared to KRW 692 a year ago. Basic earnings per share was KRW 566 compared to KRW 692 a year ago.
For the six months, sales was KRW 1,706,631.25 million compared to KRW 2,058,605.45 million a year ago. Net income was KRW 110,530.43 million compared to KRW 137,638.9 million a year ago. Basic earnings per share from continuing operations was KRW 1,105 compared to KRW 1,376 a year ago. Basic earnings per share was KRW 1,105 compared to KRW 1,376 a year ago.
KG DongbuSteel Co Ltd, formerly Dongbu Steel Co Ltd, is a Korea-based company mainly engaged in the manufacturing and sale of steel products. Along with subsidiaries, the Company operates its business through two segments. The Steel segment is involved in the manufacturing and sale of cold rolled steel sheets, galvanized steel sheets, pre-coated sheets, tin plate steel sheets, steel pipes and tubes. The Other segment is involved in the port unloading, cargo storage management, rental and transportation. The Company distributes its products within the domestic market and to overseas markets.
KG DONGBU STEEL CO.,LTD. 
