Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:43 am EST
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Daejoo Electronic Materials 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 53,843.16 million compared to KRW 40,151.86 million a year ago. Net income was KRW 102.6 million compared to KRW 3,327 million a year ago. Basic earnings per share from continuing operations was KRW 7 compared to KRW 225 a year ago. Diluted earnings per share from continuing operations was KRW 7 compared to KRW 225 a year ago. Basic earnings per share was KRW 7 compared to KRW 225 a year ago.
For the nine months, sales was KRW 137,071.99 million compared to KRW 137,058.59 million a year ago. Net loss was KRW 299.85 million compared to net income of KRW 8,760.27 million a year ago. Basic loss per share from continuing operations was KRW 20 compared to basic earnings per share from continuing operations of KRW 589 a year ago. Diluted loss per share from continuing operations was KRW 20 compared to diluted earnings per share from continuing operations of KRW 589 a year ago. Basic loss per share was KRW 20 compared to basic earnings per share of KRW 589 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. 
