N Citron, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 11:05 pm EST
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N Citron, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 2,996.12 million compared to KRW 2,896.78 million a year ago. Net income was KRW 467.03 million compared to net loss of KRW 726.76 million a year ago. Basic earnings per share from continuing operations was KRW 15 compared to basic loss per share from continuing operations of KRW 26 a year ago. Diluted earnings per share from continuing operations was KRW 15 compared to diluted loss per share from continuing operations of KRW 26 a year ago. Basic earnings per share was KRW 15 compared to basic loss per share of KRW 26 a year ago.
For the nine months, sales was KRW 508.46 million compared to KRW 287.94 million a year ago. Net loss was KRW 136.75 million compared to KRW 3,400.08 million a year ago. Basic loss per share from continuing operations was KRW 4 compared to KRW 124 a year ago. Diluted loss per share from continuing operations was KRW 4 compared to KRW 124 a year ago. Basic loss per share was KRW 4 compared to KRW 124 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. 
