TPC Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:31 am EST
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TPC Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 18,306.2 million compared to KRW 19,298.94 million a year ago. Net loss was KRW 1,961.5 million compared to KRW 376.51 million a year ago. Basic loss per share from continuing operations was KRW 174 compared to KRW 30 a year ago. Basic loss per share was KRW 174 compared to KRW 30 a year ago.
For the nine months, sales was KRW 57,080.62 million compared to KRW 60,016.33 million a year ago. Net loss was KRW 2,911.74 million compared to KRW 902.72 million a year ago. Basic loss per share from continuing operations was KRW 258 compared to KRW 80 a year ago. Basic loss per share was KRW 258 compared to KRW 80 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. 