GnCenergy Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:31 am EST
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GnCenergy Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 33,819.78 million compared to KRW 27,775.97 million a year ago. Net income was KRW 1,529.51 million compared to KRW 86 million a year ago. Basic earnings per share from continuing operations was KRW 96 compared to KRW 1 a year ago. Basic earnings per share was KRW 96 compared to KRW 5 a year ago.
For the nine months, sales was KRW 74,142.01 million compared to KRW 85,032.62 million a year ago. Net income was KRW 2,044.94 million compared to KRW 2,151.94 million a year ago. Basic earnings per share from continuing operations was KRW 123 compared to KRW 248 a year ago. Basic earnings per share was KRW 130 compared to KRW 137 a year ago.
GnCenergy Co., Ltd is a Korea-based company mainly engaged in the development and manufacture of electricity generation equipment. The Company operates three main businesses: diesel engine electricity generation business, small size cogeneration business and bio gas electricity generation business. Its main products are electricity generation equipment, such as diesel engine generators, gas generators, gas turbine generators and others. The Companyâs main customers consist of telecommunication companies, such as KT, SK Telecom and LG U+; information technology (IT) companies, such as Samsung SDS, LG CNS, SK C&C, NHN Corporation and others, and hardware companies, such as Samsung Electronics and LG Electronics.
GNCENERGY CO., LTD 