Orbitech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 04:09 am EDT
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Orbitech Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 958.7 million compared to KRW 967.35 million a year ago. Net loss was KRW 2,367.1 million compared to KRW 321.06 million a year ago.
Basic loss per share from continuing operations was KRW 89 compared to KRW 13 a year ago. Basic loss per share was KRW 89 compared to KRW 13 a year ago.
Orbitech Co., Ltd., formerly Korea NonDestructive Testing Co., Ltd., is Korea-based company engaged in the provision of nondestructive testing (NDT) and other services. The Company operates in four categories of businesses: NDT business, which provides NDT services for gas pipes, oil pipes, power plants, ships, bridges, buildings, vessel and tanks; nuclear energy business, which provides radiation-related services, such as radiation management, radiation protection and decontamination, and wastes management services for facilities and utilities; environment business, which provides process development services and analysis services, such as soil, water and marine waste analysis services, and in-service inspection (ISI) business, which provides ISI services used in nuclear power plant sector.
ORBITECH CO., LTD. 
