KG Dongbusteel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 02:55 am EST
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KG Dongbusteel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 915,678.16 million compared to KRW 586,979.57 million a year ago. Net income was KRW 73,104.07 million compared to KRW 23,407.14 million a year ago. Basic earnings per share from continuing operations was KRW 731 compared to KRW 234 a year ago. Basic earnings per share was KRW 731 compared to KRW 234 a year ago.
For the nine months, sales was KRW 2,400,806.72 million compared to KRW 1,750,634.73 million a year ago. Net income was KRW 160,901.72 million compared to KRW 55,602.79 million a year ago. Basic earnings per share from continuing operations was KRW 1,608 compared to KRW 556 a year ago. Basic earnings per share was KRW 1,608 compared to KRW 556 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. 
