Samsung Electro-Mechanics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:49 am EDT
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Samsung Electro-Mechanics 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 2,220,522.78 million compared to KRW 2,455,606.77 million a year ago. Net income was KRW 112,593.57 million compared to KRW 281,271.04 million a year ago. Basic earnings per share from continuing operations was KRW 1,576 compared to KRW 3,875 a year ago. Basic earnings per share was KRW 1,490 compared to KRW 3,723 a year ago.
For the six months, sales was KRW 4,242,285.61 million compared to KRW 5,072,372.35 million a year ago. Net income was KRW 223,997.07 million compared to KRW 596,679.11 million a year ago. Basic earnings per share from continuing operations was KRW 3,076 compared to KRW 8,062 a year ago. Basic earnings per share was KRW 2,964 compared to KRW 7,897 a year ago.
Samsung Electro-Mechanics Co Ltd is a Korea-based company mainly engaged in the manufacture and distribution of electronic components. The Company operates its business through three segments. The Component Solution segment is involved in the production and sale of passive elements such as multi layers ceramic capacitors (MLCC), inductors, chip resistors. The Module Solution segment is involved in the production and sale of module products, including camera modules and communication modules. The Board Solution segment is involved in the production and sale of semiconductor package substrates and high-density multilayer boards. The Company distributes its products in domestic and overseas markets such as America, Europe and Southeast Asian countries, China and Japan.
SAMSUNG ELECTRO-MECHANICS CO., LTD. 
