Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:20 am EDT
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Daejoo Electronic Materials 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 45,729.62 million compared to KRW 58,614.63 million a year ago. Net income was KRW 821.69 million compared to KRW 3,194.45 million a year ago. Basic earnings per share from continuing operations was KRW 55 compared to KRW 214 a year ago. Basic earnings per share was KRW 55 compared to KRW 214 a year ago.
For the six months, sales was KRW 83,228.84 million compared to KRW 96,906.73 million a year ago. Net loss was KRW 402.46 million compared to net income of KRW 5,433.27 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to basic earnings per share from continuing operations of KRW 364 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to diluted earnings per share from continuing operations of KRW 364 a year ago. Basic loss per share was KRW 27 compared to basic earnings per share of KRW 364 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.
DAEJOO ELECTRONIC MATERIALS CO., LTD. 
