Seoul Semiconductor Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:02 am EDT
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Seoul Semiconductor 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 660 million compared to KRW 1,073.67 million a year ago. Net income was KRW 4,854 million compared to KRW 16,550.4 million a year ago. Basic earnings per share from continuing operations was KRW 86 compared to KRW 294 a year ago. Diluted earnings per share from continuing operations was KRW 86 compared to KRW 294 a year ago. Basic earnings per share was KRW 86 compared to KRW 294 a year ago.
For the six months, sales was KRW 1,074.89 million compared to KRW 2,527.68 million a year ago. Net income was KRW 6,655.61 million compared to KRW 21,683.86 million a year ago. Basic earnings per share from continuing operations was KRW 118 compared to KRW 385 a year ago. Diluted earnings per share from continuing operations was KRW 118 compared to KRW 385 a year ago. Basic earnings per share was KRW 118 compared to KRW 385 a year ago.
Seoul Semiconductor Co Ltd is a Korea-based company engaged in the manufacture and sale of light emitting diodes (LEDs). The Company manufactures and sells LED products for automobiles, traffic lights, electronic boards, lighting, and liquid crystal display (LCD) light sources. The Company sells its products in domestic and overseas markets such as Europe, Japan, the Middle East, North America, South America and China.