Kmw Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:33 am EST
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Kmw Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 0.00013 million compared to sales of KRW 0.00021 million a year ago. Net loss was KRW 3,551.68 million compared to net income of KRW 668.79 million a year ago. Basic loss per share from continuing operations was KRW 89 compared to basic earnings per share from continuing operations of KRW 17 a year ago. Basic loss per share was KRW 89 compared to basic earnings per share of KRW 17 a year ago.
For the nine months, sales was KRW 0.00013 million compared to KRW 0.00006 million a year ago. Net income was KRW 3,868.02 million compared to KRW 27,061.24 million a year ago. Basic earnings per share from continuing operations was KRW 97 compared to KRW 680 a year ago. Basic earnings per share was KRW 97 compared to KRW 680 a year ago.
KMW.INC is a Korea-based company specialized in the wireless communication business and radio frequency (RF) component business. The Company's product portfolio consists of code division multiple access (CDMA), global system for mobile communications (GSM) and wideband code division multiple access (W-CDMA) products, wireless broadband Internet (WiBro) products and long term evolution (LTE) products. In addition, the Company provides components such as filters for RF communication equipment. The Company distributes its products within domestic markets and to overseas markets.