CHEMTRONICS.Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:18 am EDT
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CHEMTRONICS.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 128,371.96 million compared to KRW 152,557.29 million a year ago. Net loss was KRW 3,989.03 million compared to net income of KRW 1,101.6 million a year ago. Basic loss per share from continuing operations was KRW 276 compared to basic earnings per share from continuing operations of KRW 76 a year ago. Diluted loss per share from continuing operations was KRW 276 compared to diluted earnings per share from continuing operations of KRW 233 a year ago. Basic loss per share was KRW 276 compared to basic earnings per share of KRW 76 a year ago.
For the six months, sales was KRW 259,061.05 million compared to KRW 313,484.92 million a year ago. Net loss was KRW 11,363.47 million compared to net income of KRW 7,401.5 million a year ago. Basic loss per share from continuing operations was KRW 787 compared to basic earnings per share from continuing operations of KRW 513 a year ago. Diluted loss per share from continuing operations was KRW 787 compared to diluted earnings per share from continuing operations of KRW 406 a year ago. Basic loss per share was KRW 787 compared to basic earnings per share of KRW 513 a year ago.
CHEMTRONICS CO.,Ltd. is a Korea-based company mainly engaged in the manufacture of printed circuit board assembly (PBA) products. The Company operates its business through two divisions: electronic division and chemical division. Its electronic division manufactures printed circuit board assemblies (PBAs), touch integrated circuit (ICs), electromagnetic compatibility (EMC) materials and others. Its chemical division manufactures electronic chemical solvents, paints, inks, polyvinyl chloride (PVC) stabilizers and others used for photo resist, color filter, stripper, thinner and others of semiconductor, liquid crystal display (LCD) and plasma display panel (PDP), as well as provides LCD and organic light emitting diode (OLED) thin glass slimming services.