Amotech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:50 am EDT
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Amotech 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 5,009.81 million compared to KRW 763.73 million a year ago. Net income was KRW 1,351.88 million compared to net loss of KRW 679.58 million a year ago. Basic earnings per share from continuing operations was KRW 92 compared to basic loss per share from continuing operations of KRW 47 a year ago. Diluted earnings per share from continuing operations was KRW 92 compared to diluted loss per share from continuing operations of KRW 47 a year ago. Basic earnings per share was KRW 92 compared to basic loss per share of KRW 47 a year ago.
For the six months, sales was KRW 5,615.81 million compared to KRW 1,221.83 million a year ago. Net income was KRW 342.88 million compared to net loss of KRW 3,535 million a year ago. Basic earnings per share from continuing operations was KRW 23 compared to basic loss per share from continuing operations of KRW 242 a year ago. Diluted earnings per share from continuing operations was KRW 23 compared to diluted loss per share from continuing operations of KRW 242 a year ago. Basic earnings per share was KRW 23 compared to basic loss per share of KRW 242 a year ago.
Amotech Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of electronic components. The Company produces and sells ceramic products, including chip varistors, electro-magnetic interference (EMI) and electro static discharge (ESD) filters, ESD suppressors, power inductors, disk varistors and common mold filters (CMFs); antennas, such as frequency modulation (FM) antennas, global positioning system (GPS) antennas, satellite digital audio radio system (SDARS) antennas, bluetooth antennas and laptop antennas, as well as brushless direct current (BLDC) motors, which are used for home appliances, automobiles and industrial equipment.
AMOTECH CO., LTD. 
