RFTech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:44 am EDT
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RFTech Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 0.00043 million compared to KRW 0.00009 million a year ago. Net loss was KRW 2,855.29 million compared to net income of KRW 4,089.62 million a year ago. Basic loss per share from continuing operations was KRW 90 compared to basic earnings per share from continuing operations of KRW 130 a year ago. Diluted loss per share from continuing operations was KRW 90 compared to diluted earnings per share from continuing operations of KRW 130 a year ago. Basic loss per share was KRW 90 compared to basic earnings per share of KRW 130 a year ago.
For the six months, negative sales was KRW 0.00047 million compared to sales of KRW 0.00022 million a year ago. Net income was KRW 1,183.83 million compared to KRW 8,267.6 million a year ago. Basic earnings per share from continuing operations was KRW 38 compared to KRW 263 a year ago. Diluted earnings per share from continuing operations was KRW 38 compared to KRW 263 a year ago. Basic earnings per share was KRW 38 compared to KRW 263 a year ago.
RFTech Co.,Ltd. is a Korea-based company mainly engaged in the manufacturing and marketing of value-added products for mobile phones. The Company's mobile phone parts consist of mobile phone chargers, travel chargers, hands-free kits, data link kits, digital multimedia broadcasting (DMB) antennas, data link cables (DLCs), cell phone stylus pens, radio frequency (RF) modules and other accessories. It also involves in the provision of industrial light emitting diode (LED) lightings such as system bar LED lightings, planar lightings, round lightings and others. The Company acts as an original development & design manufacturer (ODM) of Samsung Electronics. It distributes products within domestic market and to overseas markets.
RFTECH CO., LTD. 
