Lumens Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:17 am EDT
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Lumens 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 40,598.29 million compared to KRW 35,239.76 million a year ago. Net income was KRW 599.03 million compared to KRW 2,382.05 million a year ago. Basic earnings per share from continuing operations was KRW 13 compared to KRW 51 a year ago. Diluted earnings per share from continuing operations was KRW 13 compared to KRW 51 a year ago. Basic earnings per share was KRW 13 compared to KRW 51 a year ago.
For the six months, sales was KRW 397.14 million compared to KRW 139.35 million a year ago. Net income was KRW 4,299.86 million compared to KRW 20,996.03 million a year ago. Basic earnings per share from continuing operations was KRW 91 compared to KRW 447 a year ago. Diluted earnings per share from continuing operations was KRW 91 compared to KRW 447 a year ago. Basic earnings per share was KRW 91 compared to KRW 447 a year ago.
Lumens Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of light emitting diode (LED) products. The Company operates its business through two business divisions: LED division and communication division. Its LED division provides LEDs and LED modules used for liquid crystal display (LCD) back light units (BLUs), spot lightings, street lightings, factory lightings, automobiles, mobile phones and others. It communication division provides military and civilian communications equipment, such as mobile radio frequency modules (MRFMs), base station radio frequency modules (BRFMs), radio access units (RAUs) and others. The Company distributes its LED products within domestic market and to overseas markets.
LUMENS CO., LTD. 
