PJ Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:17 pm EST
Share
PJ Electronics 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 38,378.67 million compared to KRW 38,378.02 million a year ago. Net income was KRW 2,353.35 million compared to KRW 1,381.35 million a year ago. Basic earnings per share from continuing operations was KRW 158 compared to KRW 124 a year ago. Basic earnings per share was KRW 158 compared to KRW 124 a year ago.
For the nine months, sales was KRW 3,212.26 million compared to KRW 3,129.58 million a year ago. Net income was KRW 4,579.73 million compared to KRW 6,754.66 million a year ago. Basic earnings per share from continuing operations was KRW 308 compared to KRW 454 a year ago. Basic earnings per share was KRW 308 compared to KRW 454 a year ago.
PJ Electronics Co., Ltd. is a Korea-based electronics manufacturing service (EMS) provider. The Company provides a total solution from material procurement, management to manufacturing with orders from technology companies. It is mainly engaged in the manufacture of ultrasonic wave diagnosis devices under the brand name GE and SIEMEN. The Company also involves in processing of surface mount devices (SMDs) under the brand name SONE, and providing printed circuit boards (PCBs) assemblies and set top boxes, global position system (GPS) modules as well as security equipment, among others. The Company is also involved in the real estate leasing business. It distributes its products within domestic market and to overseas markets.