Commax Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:12 am EDT
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Commax Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 30,049.62 million compared to KRW 44,956.36 million a year ago. Net loss was KRW 1,925.06 million compared to net income of KRW 1,750.9 million a year ago. Basic loss per share from continuing operations was KRW 121 compared to basic earnings per share from continuing operations of KRW 110 a year ago. Diluted loss per share from continuing operations was KRW 121 compared to diluted earnings per share from continuing operations of KRW 110 a year ago. Basic loss per share was KRW 121 compared to basic earnings per share of KRW 110 a year ago.
For the six months, sales was KRW 17,891.48 million compared to KRW 32,167.41 million a year ago. Net loss was KRW 1,817.51 million compared to net income of KRW 655.97 million a year ago. Basic loss per share from continuing operations was KRW 114 compared to basic earnings per share from continuing operations of KRW 41 a year ago. Diluted loss per share from continuing operations was KRW 114 compared to diluted earnings per share from continuing operations of KRW 41 a year ago. Basic loss per share was KRW 114 compared to basic earnings per share of KRW 41 a year ago.
COMMAX CO., LTD is a Korea-based company engaged in the manufacture of electronic communications equipment. The Companyâs products portfolio consists of video phones including digital video phones and color video phones; interphones including wired interphones and wireless interphones; closed-circuit television (CCTV) systems including observation systems, CCTV controller systems, digital CCTV systems and others, as well as public address (PA) systems and nurse call systems. The Company also provides home network systems, which are remote control solutions of networks connecting personal computers, interphones, TVs and other digital electronics. The Company distributes its products within domestic market and to overseas markets.