Samsung Electro-Mechanics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:34 am EST
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Samsung Electro-Mechanics 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 77,112.58 million compared to KRW 41,674.92 million a year ago. Net income was KRW 155,530.56 million compared to KRW 271,685.98 million a year ago. Basic earnings per share from continuing operations was KRW 2,016 compared to KRW 3,621 a year ago. Basic earnings per share was KRW 2,058 compared to KRW 3,596 a year ago.
For the nine months, sales was KRW 230,897.19 million compared to KRW 103,474.27 million a year ago. Net income was KRW 379,527.63 million compared to KRW 868,365.1 million a year ago. Basic earnings per share from continuing operations was KRW 5,092 compared to KRW 11,683 a year ago. Basic earnings per share was KRW 5,022 compared to KRW 11,493 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. 
