RFTech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 08:00 pm EST
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RFTech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 143,348.63 million compared to KRW 95,586.78 million a year ago. Net income was KRW 15,245.36 million compared to KRW 6,369.19 million a year ago. Basic earnings per share from continuing operations was KRW 484 compared to KRW 207 a year ago. Diluted earnings per share from continuing operations was KRW 484 compared to KRW 207 a year ago. Basic earnings per share was KRW 484 compared to KRW 207 a year ago.
For the nine months, sales was KRW 285,384.2 million compared to KRW 243,489.8 million a year ago. Net income was KRW 23,512.96 million compared to KRW 12,655.59 million a year ago. Basic earnings per share from continuing operations was KRW 747 compared to KRW 419 a year ago. Diluted earnings per share from continuing operations was KRW 747 compared to KRW 419 a year ago. Basic earnings per share was KRW 747 compared to KRW 419 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.