SAMYOUNG M-Tek Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 10, 2023 at 08:02 pm EDT
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SAMYOUNG M-Tek Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 20,984.76 million compared to KRW 20,316.73 million a year ago. Net income was KRW 2,231.84 million compared to KRW 171.63 million a year ago.
Basic earnings per share from continuing operations was KRW 184 compared to KRW 14 a year ago. Diluted earnings per share from continuing operations was KRW 184 compared to KRW 14 a year ago. Basic earnings per share was KRW 184 compared to KRW 14 a year ago.
SAMYOUNG M-Tek Co. Ltd is a Korea-based company engaged in the manufacture of cast steel products. The Company's products consist of bridge bearings, including elastic bearings, port plates, lead rubber bearings, spherical bearings, quake resistant bearings and others; ship building parts, including main bearing supports, chain wheels and cylinder covers; steel structures, including bridges, tower saddles and strand shoes; industrial plant equipment, including roll chocks and trunnion shafts; construction equipment, including track shoes, flanges, brackets and sprockets; power plant equipment, such as planet carriers, and other parts, including couplers, axle housings, side frames, bolsters, mono rail shoes and others.