KHVATEC Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:40 am EST
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KHVATEC 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 178,930.37 million compared to KRW 143,753.24 million a year ago. Net income was KRW 32,344.52 million compared to KRW 18,680.13 million a year ago. Basic earnings per share from continuing operations was KRW 1,426. Basic earnings per share was KRW 1,426 compared to KRW 824 a year ago. Diluted earnings per share was KRW 1,426 compared to KRW 824 a year ago.
For the nine months, sales was KRW 298,812.95 million compared to KRW 223,975.49 million a year ago. Net income was KRW 42,358.41 million compared to KRW 19,479.6 million a year ago. Basic earnings per share was KRW 1,868 compared to KRW 859 a year ago. Diluted earnings per share was KRW 1,868 compared to KRW 859 a year ago.
KH VATEC Co., LTD is a Korea-based company principally engaged in the manufacture and sale of aluminum casting products. The Company produces products including aluminum casting, magnesium casting, zinc casting and others. The Company also manufactures flexible printed circuit boards (FPCBs), which are used in mobile phones, as well as light emitting diode (LED) lighting products such as floodlights and street lights, among others.
KHVATEC CO.,LTD. 
