InkTec Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 03:15 am EDT
Share
InkTec Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net income was KRW 784.82 million compared to KRW 1,510.54 million a year ago. Basic earnings per share from continuing operations was KRW 40 compared to KRW 77 a year ago.
Diluted earnings per share from continuing operations was KRW 40 compared to KRW 77 a year ago. Basic earnings per share was KRW 40 compared to KRW 77 a year ago.
INKTEC CO., LTD. is a Korea-based company that specializes in the manufacture of ink products. The Company mainly operates in three divisions: image printing, printed electronics and printing system. Its image printing division produces refill inks used in office automation printers, bulk inks used in inkjet printers, electronic inks, as well as commercial inks used in large format printers (LFPs), including refill type and cartridge type. Its printed electronics division produces inks and coatings, paste inks, reflective films, conductive silver inks and others. Its printing system division produces ultraviolet inkjet printer under the brand name JETRIX. It also involves in the provision of media papers, toners, inkjets and others, as well as leasing business. The Company distributes its products within domestic market and to overseas markets.