KR Motors Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:35 am EST
Share
KR Motors 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 19,095.84 million compared to KRW 30,920.48 million a year ago. Net loss was KRW 6,378.6 million compared to KRW 3,408.67 million a year ago. Basic loss per share from continuing operations was KRW 217.8 compared to KRW 115.5 a year ago. Diluted loss per share from continuing operations was KRW 217.8 compared to KRW 115.5 a year ago. Basic loss per share was KRW 217.8 compared to KRW 115.5 a year ago.
For the nine months, sales was KRW 60,820.28 million compared to KRW 90,153.35 million a year ago. Net loss was KRW 15,928.56 million compared to KRW 5,225.06 million a year ago. Basic loss per share from continuing operations was KRW 547.8 compared to KRW 178.2 a year ago. Diluted loss per share from continuing operations was KRW 547.8 compared to KRW 178.2 a year ago. Basic loss per share was KRW 547.8 compared to KRW 178.2 a year ago.
KR MOTORS, formerly S&T MOTORS CO., LTD., is a Korea-based company engaged in the manufacture and marketing of motorcycles. The Companyâs motorcycles include road sports type, street bike type, cruiser type and electric scooter type. The Company also engages in the manufacture of motorcycle components. The Company distributes its products within domestic market and to overseas markets, including America, Europe, Australia and others.