RFTech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 08:34 pm EST
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RFTech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 95,586.78 million compared to KRW 77,967.26 million a year ago. Net income was KRW 6,369.19 million compared to net loss of KRW 3,972.2 million a year ago. Basic earnings per share from continuing operations was KRW 207 compared to basic loss per share from continuing operations of KRW 171 a year ago. Diluted earnings per share from continuing operations was KRW 207 compared to diluted loss per share from continuing operations of KRW 171 a year ago. Basic earnings per share was KRW 207 compared to basic loss per share of KRW 171 a year ago.
For the nine months, sales was KRW 243,489.8 million compared to KRW 204,281.97 million a year ago. Net income was KRW 12,655.59 million compared to net loss of KRW 12,118.72 million a year ago. Basic earnings per share from continuing operations was KRW 419 compared to basic loss per share from continuing operations of KRW 536 a year ago. Diluted earnings per share from continuing operations was KRW 419 compared to diluted loss per share from continuing operations of KRW 536 a year ago. Basic earnings per share was KRW 419 compared to basic loss per share of KRW 536 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.