E1 Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:15 am EDT
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E1 Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 2,120,049.19 million compared to KRW 1,063,962.83 million a year ago. Net income was KRW 6,960.74 million compared to KRW 72,020.67 million a year ago. Basic earnings per share from continuing operations was KRW 1,204 compared to KRW 12,457 a year ago. Diluted earnings per share from continuing operations was KRW 1,198 compared to KRW 12,229 a year ago. Basic earnings per share was KRW 1,204 compared to KRW 12,457 a year ago. Diluted earnings per share was KRW 1,198 compared to KRW 12,229 a year ago.
For the six months, sales was KRW 127,650.21 million compared to KRW 115,804.05 million a year ago. Net income was KRW 66,553.18 million compared to KRW 112,576.59 million a year ago. Basic earnings per share from continuing operations was KRW 11,511 compared to KRW 19,471 a year ago. Diluted earnings per share from continuing operations was KRW 11,438 compared to KRW 19,117 a year ago. Basic earnings per share was KRW 11,511 compared to KRW 19,471 a year ago. Diluted earnings per share was KRW 11,438 compared to KRW 19,117 a year ago.
E1 Corporation is a Korea-based company mainly engaged in the liquefied petroleum gas (LPG) business. The Company imports LPG mainly from Saudi Arabia, the United Arab Emirates, Kuwait, and other oil-producing countries in the Middle East, and distributes LPG to oil refining companies, gas stations and city gas companies in domestic market. It also exports LPG to overseas markets, including China, Japan, Singapore, Thailand, Vietnam and others. The Company operates terminals in Yeosu and Incheon. In addition, the Company engages in the real estate rental business.
E1 CORPORATION 
