NewFlex Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:52 am EST
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NewFlex Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 64,550.86 million compared to KRW 48,813.1 million a year ago. Net income was KRW 5,391.63 million compared to KRW 3,357.44 million a year ago. Basic earnings per share from continuing operations was KRW 223 compared to KRW 143 a year ago. Diluted earnings per share from continuing operations was KRW 223 compared to KRW 143 a year ago. Basic earnings per share was KRW 223 compared to KRW 143 a year ago.
For the nine months, sales was KRW 705.33 million compared to KRW 680.11 million a year ago. Net income was KRW 18,719.19 million compared to KRW 1,205.14 million a year ago. Basic earnings per share from continuing operations was KRW 773 compared to KRW 54 a year ago. Diluted earnings per share from continuing operations was KRW 775 compared to KRW 54 a year ago. Basic earnings per share was KRW 773 compared to KRW 54 a year ago. Diluted earnings per share was KRW 775.
NewFlex Technology Co Ltd is a Korea-based company engaged in the manufacture of flexible printed circuit boards (FPCBs) business. The Company's product portfolio consists of FPCBs and metal PCBs (MPCBs). Its FPCBs include single-side FPCBs, double-side FPCBs, multilayer FPCBs, rigid FPCBs, build up PCBs and inner via hole (IVH) PCBs. The Companyâs products are used in cameras, laptops, mobile phones, liquid crystal displays (LCDs), light emitting diodes (LEDs), televisions (TVs) and others. The Company distributes its products within domestic market and to overseas markets. The Company also involves in the real estate rental business.
NEWFLEX TECHNOLOGY CO., LTD. 
