Kmw Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:36 am EST
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Kmw Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00021 million compared to KRW 0.00013 million a year ago. Net loss was KRW 1,335.66 million compared to KRW 3,551.68 million a year ago. Basic loss per share from continuing operations was KRW 34 compared to KRW 89 a year ago. Diluted loss per share from continuing operations was KRW 34 compared to KRW 89 a year ago. Basic loss per share was KRW 34 compared to KRW 89 a year ago.
For the nine months, negative sales was KRW 0.00035 million compared to sales of KRW 0.00013 million a year ago. Net loss was KRW 16,464.68 million compared to net income of KRW 3,868.02 million a year ago. Basic loss per share from continuing operations was KRW 413 compared to basic earnings per share from continuing operations of KRW 97 a year ago. Diluted loss per share from continuing operations was KRW 413 compared to diluted earnings per share from continuing operations of KRW 97 a year ago. Basic loss per share was KRW 413 compared to basic earnings per share of KRW 97 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.