Amotech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:37 am EST
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Amotech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 1,535.29 million compared to KRW 730.95 million a year ago. Net income was KRW 3,498.35 million compared to KRW 1,545.22 million a year ago. Basic earnings per share from continuing operations was KRW 240 compared to KRW 106 a year ago. Diluted earnings per share from continuing operations was KRW 240 compared to KRW 106 a year ago. Basic earnings per share was KRW 240 compared to KRW 106 a year ago.
For the nine months, sales was KRW 7,151.1 million compared to KRW 1,952.78 million a year ago. Net income was KRW 3,841.23 million compared to net loss of KRW 1,989.78 million a year ago. Basic earnings per share from continuing operations was KRW 263 compared to basic loss per share from continuing operations of KRW 136 a year ago. Diluted earnings per share from continuing operations was KRW 263 compared to diluted loss per share from continuing operations of KRW 136 a year ago. Basic earnings per share was KRW 263 compared to basic loss per share of KRW 136 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. 
