KOYJ Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 10:39 pm EDT
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KOYJ Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 4,383.97 million compared to KRW 1,719.38 million a year ago. Net loss was KRW 749.58 million compared to KRW 1,929.77 million a year ago. Basic loss per share from continuing operations was KRW 25 compared to KRW 112 a year ago. Diluted loss per share from continuing operations was KRW 25 compared to KRW 112 a year ago. Basic loss per share was KRW 25 compared to KRW 112 a year ago.
For the six months, sales was KRW 38.11 million compared to KRW 79.5 million a year ago. Net loss was KRW 1,944.84 million compared to KRW 3,620.52 million a year ago. Basic loss per share from continuing operations was KRW 64 compared to KRW 216 a year ago. Diluted loss per share from continuing operations was KRW 64 compared to KRW 216 a year ago. Basic loss per share was KRW 64 compared to KRW 216 a year ago.
KOYJ CO., LTD. is a Korea-based company mainly engaged in the liquid crystal display (LCD) black light unit (BLU) industry. The Company operates its business through three divisions: optical film coating division, light guide plates division and protection film division. Its optical film coating division is engaged in the manufacturing of optical functional films, hard coating films, adhesive protection films, cushion sheets and others. Its light guide plates division provides light guide plates used for LCD. Its protection film division is engaged in the manufacturing of protection films used for LCD panels. The Company distributes its products with domestic market and to overseas markets.