LOT VACUUM Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:03 am EDT
Share
LOT VACUUM Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 332.96 million compared to KRW 307.33 million a year ago. Net income was KRW 6,097.4 million compared to KRW 4,524.56 million a year ago. Basic earnings per share from continuing operations was KRW 367 compared to KRW 252 a year ago. Diluted earnings per share from continuing operations was KRW 367 compared to KRW 248 a year ago. Basic earnings per share was KRW 367 compared to KRW 252 a year ago.
For the six months, sales was KRW 654.82 million compared to KRW 584.67 million a year ago. Net income was KRW 10,504.47 million compared to KRW 14,481.6 million a year ago. Basic earnings per share from continuing operations was KRW 632 compared to KRW 883 a year ago. Diluted earnings per share from continuing operations was KRW 632 compared to KRW 853 a year ago. Basic earnings per share was KRW 632 compared to KRW 883 a year ago.
LOT VACUUM Co., Ltd. is a Korea-based manufacturer principally engaged in the provision of dry vacuum pumps for semiconductor manufacturing. The Company manufactures and sells dry vacuum pumps which are used to maintain the vacuum state without oil, used in manufacturing of semiconductors, displays, solar cells and others. It also distributes high vacuum turbo pumps for semiconductor manufacturing. The Company also provides equipment-related after-sale services including maintenance and repair services. The Company distributes its products within the domestic market and to the overseas markets. On September 30, 2013, it established a new wholly owned subsidiary in China, engaged in the sale and repair of vacuum pump for semiconductor.