NewFlex Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:56 am EDT
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NewFlex Technology 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 460.72 million compared to KRW 200.23 million a year ago. Net loss was KRW 1,415.56 million compared to net income of KRW 5,951.03 million a year ago. Basic loss per share from continuing operations was KRW 58 compared to basic earnings per share from continuing operations of KRW 246 a year ago. Diluted loss per share from continuing operations was KRW 58 compared to diluted earnings per share from continuing operations of KRW 246 a year ago. Basic loss per share was KRW 58 compared to basic earnings per share of KRW 246 a year ago.
For the six months, sales was KRW 786.32 million compared to KRW 498.42 million a year ago. Net loss was KRW 709.84 million compared to net income of KRW 13,327.56 million a year ago. Basic loss per share from continuing operations was KRW 29 compared to basic earnings per share from continuing operations of KRW 551 a year ago. Diluted loss per share from continuing operations was KRW 29 compared to diluted earnings per share from continuing operations of KRW 550 a year ago. Basic loss per share was KRW 29 compared to basic earnings per share of KRW 551 a year ago.
NewFlex Technology Co Ltd is a Korea-based company engaged in the manufacture of flexible printed circuit boards (FPCBs) business. The Company's product portfolio consists of FPCBs and metal PCBs (MPCBs). Its FPCBs include single-side FPCBs, double-side FPCBs, multilayer FPCBs, rigid FPCBs, build up PCBs and inner via hole (IVH) PCBs. The Companyâs products are used in cameras, laptops, mobile phones, liquid crystal displays (LCDs), light emitting diodes (LEDs), televisions (TVs) and others. The Company distributes its products within domestic market and to overseas markets. The Company also involves in the real estate rental business.
NEWFLEX TECHNOLOGY CO., LTD. 
