KG Dongbu Steel Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:56 am EST
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KG Dongbu Steel 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 884,924.6 million compared to KRW 952,830.63 million a year ago. Net income was KRW 57,583.42 million compared to KRW 42,890.03 million a year ago. Basic earnings per share from continuing operations was KRW 576 compared to KRW 429 a year ago. Basic earnings per share was KRW 576 compared to KRW 429 a year ago.
For the nine months, sales was KRW 2,591,555.85 million compared to KRW 3,011,436.07 million a year ago. Net income was KRW 168,113.85 million compared to KRW 180,528.93 million a year ago. Basic earnings per share from continuing operations was KRW 1,680 compared to KRW 1,804 a year ago. Basic earnings per share was KRW 1,680 compared to KRW 1,804 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. 
