Pungkang Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2022
July 14, 2022 at 11:32 pm EDT
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Pungkang Co., Ltd. reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported sales was KRW 21,602.52 million compared to KRW 19,456.92 million a year ago. Net income was KRW 2,020.49 million compared to KRW 1,622.23 million a year ago. Basic earnings per share from continuing operations was KRW 211 compared to KRW 169 a year ago. Basic earnings per share was KRW 211 compared to KRW 169 a year ago.
For the nine months, sales was KRW 114.84 million compared to KRW 227.53 million a year ago. Net income was KRW 3,494.77 million compared to KRW 3,555.29 million a year ago. Basic earnings per share from continuing operations was KRW 364 compared to KRW 371 a year ago. Basic earnings per share was KRW 364 compared to KRW 371 a year ago.
PungKang.Co.,Ltd is a Korea-based company principally engaged in the manufacture and distribution of nuts for automobiles. The Companyâs products include weld nuts, lock nuts, flange nuts, wheel nuts, plate nuts, conical nuts and hex nuts. The Companyâs main clients are HYUNDAI MOTOR CO, KIA MOTORS CORPORATION, GM Daewoo Auto & Technology Company, Tata Daewoo Commercial Vehicle Co., LTD., Ssangyong Motor Company, Renault Samsung Motors Co., Ltd. and others. The Company distributes its business in domestic market and to overseas market.
PUNGKANG. CO., LTD. 
