Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 14, 2023 at 10:49 pm EDT
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Daejoo Electronic Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 37,499.22 million compared to KRW 38,292.1 million a year ago. Net loss was KRW 1,224.15 million compared to net income of KRW 2,238.81 million a year ago.
Basic loss per share from continuing operations was KRW 82 compared to basic earnings per share from continuing operations of KRW 150 a year ago. Diluted loss per share from continuing operations was KRW 82 compared to diluted earnings per share from continuing operations of KRW 150 a year ago. Basic loss per share was KRW 82 compared to basic earnings per share of KRW 150 a year ago.
Daejoo Electronic Materials Co., Ltd. is a Korea-based company engaged in the manufacture of electronic materials. The Companyâs product portfolio consists of conductive materials, such as pastes for disk ceramic applications, dielectric filters, chip inductors and others, and electrode pastes for chip resistors, among others; phosphor materials, which are used for plasma display panels (PDPs), cold cathode fluorescence lamps (CCFLs) and light emitting diode (LED); polymer materials, such as insulation materials, epoxies, epoxy coating powders, semiconductor materials and others, glass materials, nano materials, metal power materials, phosphor materials, and organic LED materials. Through its subsidiary, it manufactures and distributes insulation materials and conductive pastes used for white household appliance components in China market.