KPM TECH Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:44 am EST
Share
KPM TECH Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 134.87 million compared to KRW 166.15 million a year ago. Net loss was KRW 5,372.6 million compared to KRW 8,410.43 million a year ago. Basic loss per share from continuing operations was KRW 31 compared to KRW 52 a year ago. Diluted loss per share from continuing operations was KRW 31 compared to KRW 52 a year ago. Basic loss per share was KRW 31 compared to KRW 52 a year ago.
For the nine months, sales was KRW 461.04 million compared to KRW 482.22 million a year ago. Net income was KRW 8,372.67 million compared to net loss of KRW 9,513.81 million a year ago. Basic earnings per share from continuing operations was KRW 50 compared to basic loss per share from continuing operations of KRW 61 a year ago. Diluted earnings per share from continuing operations was KRW 50 compared to diluted loss per share from continuing operations of KRW 61 a year ago. Basic earnings per share was KRW 50 compared to basic loss per share of KRW 61 a year ago.
KPMTECH CO.,LTD is a Korea-based company principally engaged in the manufacture and distribution of surface treatment chemicals. The Company operates its business through three divisions: surface treatment chemical division, which provides chemicals used for printed circuit boards (PCBs) and decorative parts; automatic plating system division, which provides PCB plating equipment and antilock braking system (ABS) plating equipment used for computer boards and circuits, as well as final plating equipment, and fiber division, which mainly provides mask packs and antibacterial fibers. It also provides automatic plating system assemblies. The Company mainly distributes its products within domestic market.