Nuintek Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 01:03 am EDT
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Nuintek Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 19,673.3 million compared to KRW 17,340.68 million a year ago. Net loss was KRW 1,082.76 million compared to net income of KRW 198.1 million a year ago. Basic loss per share from continuing operations was KRW 36 compared to basic earnings per share from continuing operations of KRW 7 a year ago. Basic loss per share was KRW 36 compared to basic earnings per share of KRW 7 a year ago.
For the six months, sales was KRW 36,528.99 million compared to KRW 33,542.38 million a year ago. Net loss was KRW 1,573.21 million compared to net income of KRW 822.97 million a year ago. Basic loss per share from continuing operations was KRW 52 compared to basic earnings per share from continuing operations of KRW 27 a year ago. Basic loss per share was KRW 52 compared to basic earnings per share of KRW 27 a year ago.
NUIN TEK CO., LTD. is a Korea-based company engaged in the manufacture of electronic capacitors. The Company mainly produces metalized films, which are used as capacitor materials; alternate current (AC) condensers, which are mainly used for motor running, refrigerators, washing machines, air conditioners and industrial equipment, and power electronic condensers, which are used for automobiles, photovoltaic inverters and others. The Company distributes its products within domestic market and to overseas markets.