GnCenergy Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 03:16 am EST
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GnCenergy Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 55,713.6 million compared to KRW 38,789.68 million a year ago. Net loss was KRW 1,092.08 million compared to net income of KRW 1,529.51 million a year ago. Basic loss per share from continuing operations was KRW 69 compared to basic earnings per share from continuing operations of KRW 96 a year ago. Diluted loss per share from continuing operations was KRW 69 compared to diluted earnings per share from continuing operations of KRW 96 a year ago. Basic loss per share was KRW 69 compared to basic earnings per share of KRW 96 a year ago. Diluted loss per share was KRW 66.
For the nine months, sales was KRW 113,988.77 million compared to KRW 107,653.22 million a year ago. Net loss was KRW 619.64 million compared to net income of KRW 2,044.94 million a year ago. Basic loss per share from continuing operations was KRW 39 compared to basic earnings per share from continuing operations of KRW 130 a year ago. Diluted loss per share from continuing operations was KRW 39 compared to diluted earnings per share from continuing operations of KRW 130 a year ago. Basic loss per share was KRW 39 compared to basic earnings per share of KRW 130 a year ago. Diluted loss per share was KRW 33 compared to diluted earnings per share of KRW 132 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 
