RFTech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:01 pm EST
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RFTech 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 98,844.32 million compared to KRW 143,348.63 million a year ago. Net income was KRW 7,603.98 million compared to KRW 15,245.36 million a year ago. Basic earnings per share from continuing operations was KRW 242 compared to KRW 484 a year ago. Diluted earnings per share from continuing operations was KRW 242 compared to KRW 484 a year ago. Basic earnings per share was KRW 242 compared to KRW 484 a year ago.
For the nine months, sales was KRW 239,914.7 million compared to KRW 285,384.2 million a year ago. Net income was KRW 8,812.17 million compared to KRW 23,512.96 million a year ago. Basic earnings per share from continuing operations was KRW 280 compared to KRW 747 a year ago. Diluted earnings per share from continuing operations was KRW 280 compared to KRW 747 a year ago. Basic earnings per share was KRW 280 compared to KRW 747 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. 
