Hanla IMS Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:28 am EST
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Hanla IMS 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 17,300.47 million compared to KRW 27,546.49 million a year ago. Net loss was KRW 273.79 million compared to net income of KRW 3,414.78 million a year ago. Basic loss per share from continuing operations was KRW 16 compared to basic earnings per share from continuing operations of KRW 197 a year ago. Diluted loss per share from continuing operations was KRW 16 compared to diluted earnings per share from continuing operations of KRW 197 a year ago. Basic loss per share was KRW 16 compared to basic earnings per share of KRW 197 a year ago.
For the nine months, sales was KRW 59,780.61 million compared to KRW 70,400.75 million a year ago. Net income was KRW 68,982.18 million compared to KRW 8,459.19 million a year ago. Basic earnings per share from continuing operations was KRW 4,032 compared to KRW 482 a year ago. Diluted earnings per share from continuing operations was KRW 4,032 compared to KRW 482 a year ago. Basic earnings per share was KRW 4,032 compared to KRW 482 a year ago.
HANLA IMS CO., LTD. is a Korea-based company engaged in the manufacturing of monitoring systems for ships. The Company's offerings consist of remote automatic water level monitoring and alarm systems for ships, general water level monitoring and alarm systems, valve automatic switchgear systems, oil pressure machine systems and liquid emitting diode (LED) systems. The Company provides its products mainly to shipbuilders. It distributes its products within domestic market and to overseas markets.