SNT Energy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 12:49 am EDT
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SNT Energy Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 42,328.83 million compared to KRW 43,000 million a year ago. Net income was KRW 5,101.77 million compared to KRW 3,349.71 million a year ago. Basic earnings per share from continuing operations was KRW 775 compared to KRW 523 a year ago. Basic earnings per share was KRW 775 compared to KRW 523 a year ago.
For the six months, sales was KRW 81,230.81 million compared to KRW 101,845.01 million a year ago. Net income was KRW 5,419.59 million compared to KRW 12,701.87 million a year ago. Basic earnings per share from continuing operations was KRW 823 compared to KRW 1,967 a year ago. Basic earnings per share was KRW 823 compared to KRW 1,967 a year ago.
SNTEnergy Co Ltd, formerly S&T Corp, is a Korea-based company engaged in the manufacture and sale of heat exchangers. The Company manufactures heat exchangers, which are used for petrochemical plants, oil refining plants, gas plants and others; heat recovery steam generators (HRSGs), which generate steam for generation of steam turbines with use of the waste heat; steam surface condensers; DeNOx facilities, which eliminate the nitrogen oxide (NOx) materials, generated from combustion of nitrogen component in fuels and air, and others. The Company distributes its products within domestic market and to overseas markets. On November 8, 2013, S&T Dynamics Co., Ltd. transferred its entire 50.66% stake of the Company to S&T MOTIV Co., Ltd. After that, S&T MOTIV Co., Ltd became the Company's top shareholder.
SNT ENERGY CO., LTD. 
