Kyungin Electronics Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 02:21 am EDT
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Kyungin Electronics Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 235.1 million compared to KRW 274.29 million a year ago. Net income was KRW 1,213.77 million compared to net loss of KRW 70.95 million a year ago.
Basic earnings per share from continuing operations was KRW 933 compared to basic loss per share from continuing operations of KRW 55 a year ago. Diluted earnings per share from continuing operations was KRW 933 compared to diluted loss per share from continuing operations of KRW 55 a year ago. Basic earnings per share was KRW 933 compared to basic loss per share of KRW 55 a year ago.
KYUNG IN ELECTRONICS CO., LTD. is a Korea-based company engaged in the electronics and telecommunication business. The Companyâs products portfolio consists of switches, such as tact switches, micro switches, push switches, detector switches, slide switches and surface mount device switches used for televisions, printers and monitors; remote controllers (Remocons), such as liquid crystal display (LCD) Remocons, card Remocons and standard Remocons used for televisions, air conditionings and automobiles under the brand name Samsung, and thermostats used for microwaves, electric ovens, washers, dryers, bidets and automobiles. It also involves in the real estate leasing business. The Company distributes its products within domestic market and to overseas markets.
KYUNGIN ELECTRONICS CO., LTD 
