ILJIN Holdings Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:57 am EDT
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ILJIN Holdings Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 359,378.77 million compared to KRW 385,045.97 million a year ago. Net income was KRW 5,198.44 million compared to KRW 4,687.73 million a year ago. Basic earnings per share from continuing operations was KRW 114 compared to KRW 102 a year ago. Diluted earnings per share from continuing operations was KRW 114 compared to KRW 102 a year ago. Basic earnings per share was KRW 113 compared to KRW 102 a year ago. Diluted earnings per share was KRW 113 compared to KRW 102 a year ago.
For the six months, sales was KRW 10,339.81 million compared to KRW 10,235.11 million a year ago. Net income was KRW 13,386.77 million compared to KRW 14,249.33 million a year ago. Basic earnings per share from continuing operations was KRW 292 compared to KRW 311 a year ago. Basic earnings per share was KRW 291 compared to KRW 310 a year ago. Diluted earnings per share was KRW 291 compared to KRW 310 a year ago.
ILJIN Holdings Co., Ltd. is a Korea-based holding company engaged in the management of its subsidiaries. Its subsidiaries include ILJIN ELECTRIC CO.,LTD, engaged in the provision of electric products, such as power transmissions, power transformation systems, power systems, power cables and others; ILJIN DIAMOND CO., LTD., engaged in the manufacture of diamonds, cutting tool materials and hard metals; ILJIN DEVELOPMENT COMPANY CO.,LTD, mainly engaged in the leasing of real estate and management of facilities; ITEK INVESTMENT CO., LTD., engaged in the financial business; JEONJO TELEVISION CO., LTD., engaged in the broadcasting business, and Alpinion Medical Systems Co., Ltd., engaged in the manufacture of medical equipment, such as ultrasound equipment and other transducer equipment.
ILJIN HOLDINGS CO.,LTD. 
