N Citron, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:13 am EDT
Share
N Citron, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 8,404.48 million compared to KRW 5,425.85 million a year ago. Net loss was KRW 50.63 million compared to net income of KRW 436.55 million a year ago. Basic loss per share from continuing operations was KRW 1 compared to basic earnings per share from continuing operations of KRW 9 a year ago. Diluted loss per share from continuing operations was KRW 1 compared to diluted earnings per share from continuing operations of KRW 9 a year ago. Basic loss per share was KRW 1 compared to basic earnings per share of KRW 9 a year ago.
For the six months, net loss was KRW 291.38 million compared to KRW 199.14 million a year ago. Basic loss per share from continuing operations was KRW 6 compared to KRW 5 a year ago. Diluted loss per share from continuing operations was KRW 6 compared to KRW 5 a year ago. Basic loss per share was KRW 6 compared to KRW 5 a year ago.
N CITRON, INC., formerly NEOFIDELITY, INC. is a Korea-based company engaged in the manufacture and sale of full digital audio amplifier solution products. The Company produces digital audio amplifier chips, including NTP-7XXX series, NTP-3XXX series, NTP-2XXX series and NSP series for flat panel display (FPD) televisions (TVs), desktop audios, monitor TVs, home theaters and other digital products. The Company distributes its products within domestic market and to overseas markets, including Taiwan, Japan and China. The Company has one Hong Kong-based subsidiary, NF Industries Company Limited.
N CITRON, INC. 
