SK Gas Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:41 am EST
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SK Gas 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 1,720,146.56 million compared to KRW 1,841,498.47 million a year ago. Net income was KRW 125,448.86 million compared to net loss of KRW 37,496.38 million a year ago. Basic earnings per share from continuing operations was KRW 13,978 compared to basic loss per share from continuing operations of KRW 4,178 a year ago. Diluted earnings per share from continuing operations was KRW 13,926 compared to diluted loss per share from continuing operations of KRW 4,178 a year ago. Basic earnings per share was KRW 13,978 compared to basic loss per share of KRW 4,178 a year ago. Diluted earnings per share was KRW 13,926.
For the nine months, sales was KRW 5,011,379.75 million compared to KRW 5,883,885.78 million a year ago. Net income was KRW 283,758.97 million compared to KRW 117,081.04 million a year ago. Basic earnings per share from continuing operations was KRW 31,616 compared to KRW 13,045 a year ago. Diluted earnings per share from continuing operations was KRW 31,506 compared to KRW 13,006 a year ago. Basic earnings per share was KRW 31,616 compared to KRW 13,045 a year ago. Diluted earnings per share was KRW 31,506 compared to KRW 13,006 a year ago.
SK Gas Ltd is a Korea-based company engaged in the import, storage and marketing of liquid petroleum gas (LPG). The Company imports LPG from the Middle East countries, such as Saudi Arabia, Kuwait and the United Arab Emirates, and provides LGP to domestic oil refineries, petrochemical companies, gas stations and other industries. The Company also operates storage terminals in Ulsan and Pyeongtaek, Korea. The Company also exports LPG to overseas markets.