Protec Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 16, 2024 at 12:17 am EDT
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Protec Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 0.00018 million compared to negative sales of KRW 0.00032 million a year ago. Net loss was KRW 652.94 million compared to net income of KRW 2,860.1 million a year ago.
Basic loss per share from continuing operations was KRW 73 compared to basic earnings per share from continuing operations of KRW 318 a year ago. Basic loss per share was KRW 73 compared to basic earnings per share of KRW 318 a year ago.
PROTEC Co., Ltd. is a Korea-based company principally engaged in the manufacture of semiconductor equipment. The Company operates its business through system division and pneumatic division. Its system division provides dispensers, heat slugs and other related products, which are applied in semiconductor industries. Its pneumatic division provides precision pneumatic cylinders, cylinders, general hands, block cylinders, slide cylinders, rodless cylinders and rotary cylinders, which are applied in factory automation, semiconductor equipment and surface mounted systems. The Company distributes its products within domestic market and to overseas markets.