Dawonsys Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:10 am EST
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Dawonsys Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 0.00024 million compared to KRW 0.00029 million a year ago. Net income was KRW 119.78 million compared to net loss of KRW 2,041.93 million a year ago. Diluted loss per share from continuing operations was KRW 3 compared to KRW 75 a year ago.
For the nine months, negative sales was KRW 0.00041 million compared to KRW 0.00034 million a year ago. Net income was KRW 5,661.97 million compared to KRW 9,429.1 million a year ago. Diluted earnings per share from continuing operations was KRW 179 compared to KRW 340 a year ago.
DAWONSYS CO.,LTD. is a Korea-based company engaged in the manufacture of special power supplies and electronic induction heating equipment. The Company provides five categories of products: nuclear fusion power supplies, including high voltage high current power supplies; plasma power supplies, including low temperature plasma desulfurization systems, atmosphere plasma power supplies and plasma torch power supplies; atmospheric pressure plasma supplies, which are used for flat panel display (FPD), surface modification and eco-friendly areas; solar chemical vapor deposition (CVD) power supplies, rectifiers for CVD reactors, as well as electronic induction heating supplies. It mainly distributes its products in domestic market.