CHEMTRONICS.Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:42 am EST
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CHEMTRONICS.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 145,029.59 million compared to KRW 165,115.62 million a year ago. Net income was KRW 1,661.76 million compared to net loss of KRW 2,916.59 million a year ago. Basic earnings per share from continuing operations was KRW 113 compared to basic loss per share from continuing operations of KRW 202 a year ago. Diluted earnings per share from continuing operations was KRW 113 compared to diluted loss per share from continuing operations of KRW 196 a year ago. Basic earnings per share was KRW 113 compared to basic loss per share of KRW 202 a year ago.
For the nine months, sales was KRW 404,090.64 million compared to KRW 478,600.55 million a year ago. Net loss was KRW 9,701.72 million compared to net income of KRW 4,484.91 million a year ago. Basic loss per share from continuing operations was KRW 672 compared to basic earnings per share from continuing operations of KRW 311 a year ago. Diluted loss per share from continuing operations was KRW 672 compared to diluted earnings per share from continuing operations of KRW 209 a year ago. Basic loss per share was KRW 672 compared to basic earnings per share of KRW 311 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.