Dawonsys Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:36 am EST
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Dawonsys Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 85,705.39 million compared to KRW 76,753.58 million a year ago. Net loss was KRW 856.86 million compared to net income of KRW 119.78 million a year ago. Diluted loss per share from continuing operations was KRW 29 compared to KRW 3 a year ago.
For the nine months, sales was KRW 176,436.7 million compared to KRW 230,139.04 million a year ago. Net loss was KRW 58,413.15 million compared to net income of KRW 5,661.97 million a year ago. Diluted loss per share from continuing operations was KRW 1,805 compared to diluted earnings per share from continuing operations of KRW 176 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.
DAWONSYS CO.,LTD. 
