Kmw Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:00 am EST
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Kmw Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 0.00028 million compared to KRW 0.00021 million a year ago. Net loss was KRW 14,255.79 million compared to KRW 1,335.66 million a year ago. Basic loss per share from continuing operations was KRW 358 compared to KRW 34 a year ago. Diluted loss per share from continuing operations was KRW 358 compared to KRW 34 a year ago. Basic loss per share was KRW 358 compared to KRW 34 a year ago.
For the nine months, negative sales was KRW 0.00019 million compared to KRW 0.00035 million a year ago. Net loss was KRW 48,245.66 million compared to KRW 16,464.68 million a year ago. Basic loss per share from continuing operations was KRW 1,212 compared to KRW 413 a year ago. Diluted loss per share from continuing operations was KRW 1,212 compared to KRW 413 a year ago. Basic loss per share was KRW 1,212 compared to KRW 413 a year ago.
KMW.INC is a Korea-based company specialized in the wireless communication business and radio frequency (RF) component business. The Company's product portfolio consists of code division multiple access (CDMA), global system for mobile communications (GSM) and wideband code division multiple access (W-CDMA) products, wireless broadband Internet (WiBro) products and long term evolution (LTE) products. In addition, the Company provides components such as filters for RF communication equipment. The Company distributes its products within domestic markets and to overseas markets.