STX Engine Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 03:17 am EDT
Share
STX Engine Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 116,980.81 million compared to KRW 111,917.66 million a year ago. Net loss was KRW 3,183.18 million compared to KRW 2,967.89 million a year ago.
Basic loss per share from continuing operations was KRW 124 compared to KRW 107 a year ago. Basic loss per share was KRW 124 compared to KRW 107 a year ago.
STX Engine Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of diesel engines. The Company's product portfolio consists of marine diesel engines, which are used for liquefied natural gas (LNG) vessels, oil tankers, container carriers and others; power plants, including medium-speed diesel power plants and low-speed diesel power plants, and military diesel engines, including navy vessel engines, maritime police engines and others. It also engages in the manufacture of electronic communication equipment, such as underwater acoustics, radar systems, tactic communication systems, battle systems, ship automation systems and compromising trade systems.