trending Market Intelligence /marketintelligence/en/news-insights/trending/i8wSDlAkpEg2bjrOCt-snA2 content esgSubNav
In This List

Daesung Eltec posts Q2 profit

Podcast

Street Talk | Episode 103 - Investors worry about bank liquidity, earnings drag from underwater bonds

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Investment Research Coverage of Inflation and Recession-Focused Topics on the Rise

Blog

S&P 500 Q3 2022 Sector Earnings & Revenue Data


Daesung Eltec posts Q2 profit

Daesung Eltec Co. Ltd. said its second-quarter normalized net income was 1.28 billion won.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 1.3%.

Total revenue came to 96.77 billion won, and total operating expenses totaled 94.11 billion won.

Reported net income totaled 1.46 billion won, or 21.21 won per share.

As of Aug. 16, US$1 was equivalent to 1,094.67 South Korean won.