Nuintek Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:54 pm EST
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Nuintek Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 18,121.3 million compared to KRW 18,709.6 million a year ago. Net loss was KRW 3,667.68 million compared to KRW 2,645.27 million a year ago. Basic loss per share from continuing operations was KRW 92 compared to KRW 88 a year ago. Basic loss per share was KRW 92 compared to KRW 88 a year ago.
For the nine months, sales was KRW 62,036.12 million compared to KRW 55,238.59 million a year ago. Net loss was KRW 6,731.56 million compared to KRW 4,218.48 million a year ago. Basic loss per share from continuing operations was KRW 202 compared to KRW 140 a year ago. Basic loss per share was KRW 202 compared to KRW 140 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.
NUINTEK CO.,LTD. 
