LX Semicon Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:14 am EST
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LX Semicon 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 636.54 million compared to KRW 6,759.98 million a year ago. Net income was KRW 13,919.06 million compared to KRW 41,076.17 million a year ago. Basic earnings per share from continuing operations was KRW 856 compared to KRW 2,526 a year ago. Diluted earnings per share from continuing operations was KRW 856 compared to KRW 2,526 a year ago. Basic earnings per share was KRW 856 compared to KRW 2,526 a year ago.
For the nine months, sales was KRW 2,792.16 million compared to KRW 10,137.37 million a year ago. Net income was KRW 54,297.2 million compared to KRW 221,369.36 million a year ago. Basic earnings per share from continuing operations was KRW 3,338 compared to KRW 13,611 a year ago. Diluted earnings per share from continuing operations was KRW 3,338 compared to KRW 13,611 a year ago. Basic earnings per share was KRW 3,338 compared to KRW 13,611 a year ago.
LX Semicon Co Ltd, formerly Silicon Works Co Ltd is a Korea-based company mainly engaged in the development, manufacture and distribution of semiconductor products. The Company engages in the manufacture of driver ICs (D-ICs), timing controllers (T-Cons), power management ICs (PMICs) and others, which are used for liquid crystal displays (LCDs), plasma display panels (PDPs) and others. In addition, the Company produces and supplies products such as mobile-oriented plastic organic light-emitting diode (P-OLED) display drive chip (DDI), touch controllers, and others. The Company distributes its products within domestic market and to overseas markets.