MK Electron Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 02:43 am EDT
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MK Electron Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 38,436.18 million compared to KRW 20,888.98 million a year ago. Net loss was KRW 1,944.76 million compared to net income of KRW 8,591.81 million a year ago.
Basic loss per share from continuing operations was KRW 96 compared to basic earnings per share from continuing operations of KRW 408 a year ago. Basic loss per share was KRW 96 compared to basic earnings per share of KRW 409 a year ago.
MK ELECTRON CO., LTD. is a Korea-based company engaged in the manufacture of semiconductor package components. The Companyâs product portfolio consist of bonding wires, including gold bonding wires, Au-Ag alloy bonding wires, copper bonding wires and others, which are the materials for semiconductors manufacture that connect leads and silicon chips to transmit electrical signals; solder balls, which are the electronics solder parts that attach semiconductor chips, circuit modules and printed circuit boards (PCBs) to transmit electrical signals, as well as gold evaporate materials and gold sputtering targets. The Company distributes its products within domestic market and to overseas markets. On April 3, 2013, the Company established a new wholly owned subsidiary, MK Investment Co.,LTD, mainly engaged in the asset investments.
MK ELECTRON CO., LTD. 
