Samsung Electro-Mechanics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:35 am EST
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Samsung Electro-Mechanics 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 2,383,749.92 million compared to KRW 2,547,786.67 million a year ago. Net income was KRW 271,685.98 million compared to KRW 349,529.22 million a year ago. Basic earnings per share from continuing operations was KRW 3,621 compared to KRW 4,652 a year ago. Basic earnings per share was KRW 3,596 compared to KRW 4,626 a year ago.
For the nine months, sales was KRW 103,474.27 million compared to KRW 70,368.4 million a year ago. Net income was KRW 868,365.1 million compared to KRW 806,954.25 million a year ago. Basic earnings per share from continuing operations was KRW 11,683 compared to KRW 11,251 a year ago. Basic earnings per share was KRW 11,493 compared to KRW 10,680 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. 
