Samwha Electronics Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:52 am EDT
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Samwha Electronics Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 0.00001 million compared to sales of KRW 0.00022 million a year ago. Net loss was KRW 1,776.12 million compared to KRW 1,522.53 million a year ago.
For the six months, negative sales was KRW 0.0001 million compared to KRW 0.00021 million a year ago. Net loss was KRW 2,750.96 million compared to KRW 3,213.64 million a year ago.
Samwha Electronics Co., Ltd. is a Korea-based company mainly engaged in the manufacture of ferrite cores. The Companyâs products portfolio consists of ferrite cores such as E cores, rod cores, bar cores, screw cores, ferrite absorbers, low profile cores, planar cores, toroid cores and others; magnetic powder cores such as ferrum-nickel-molybdenum alloy powder cores, ferrum-silicon-aluminum alloy power cores and others, as well as powder for ferrite plates. Its products are applied in for televisions, monitors and other display devices.