TPC Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 08:49 pm EST
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TPC 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 19,298.94 million compared to KRW 18,983.46 million a year ago. Net loss was KRW 376.51 million compared to KRW 101.88 million a year ago. Basic loss per share from continuing operations was KRW 30 compared to KRW 8 a year ago. Diluted loss per share from continuing operations was KRW 30 compared to KRW 14 a year ago. Basic loss per share was KRW 33 compared to KRW 8 a year ago.
For the nine months, sales was KRW 60,016.33 million compared to KRW 59,435.85 million a year ago. Net loss was KRW 902.72 million compared to net income of KRW 1,071.96 million a year ago. Basic loss per share from continuing operations was KRW 80 compared to basic earnings per share from continuing operations of KRW 95 a year ago. Diluted loss per share from continuing operations was KRW 80 compared to diluted earnings per share from continuing operations of KRW 83 a year ago. Basic loss per share was KRW 80 compared to basic earnings per share of KRW 95 a year ago.
TPC Co,. Ltd is a Korea-based company mainly engaged in the manufacture and distribution of motor vehicle parts. The Companyâs product portfolio consists of anti-vibration products including precision steel tubes used to relieve noise, vibration and harshness, and precision as-welded tubes, used as precision pipes for motor vehicles and machinery structures; water pipes, used as a route of cooling water from engines to radiators to prevent overheating and keep cooling; filler necks, used to transfer oil from inlets to oil tanks, and others, used for surface treatments and heat treatments. Its main clients are Hyundai Motor, GM Daewoo, Renault Samsung Motors, Toyota and others. The Company distributes its products within domestic market and to overseas markets, such as Japan, the United States and Germany.
TPC CO., LTD. 