Simmtech Holdings Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:19 am EDT
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Simmtech Holdings Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 477,483.58 million compared to KRW 324,992.38 million a year ago. Net income was KRW 9,446.1 million compared to KRW 5,991.33 million a year ago. Basic earnings per share from continuing operations was KRW 241 compared to KRW 155 a year ago. Diluted earnings per share from continuing operations was KRW 115 compared to KRW 155 a year ago. Basic earnings per share was KRW 241 compared to KRW 155 a year ago. Diluted earnings per share was KRW 115.
For the six months, sales was KRW 894,890.74 million compared to KRW 608,542.81 million a year ago. Net income was KRW 26,680.61 million compared to KRW 8,311.34 million a year ago. Basic earnings per share from continuing operations was KRW 683 compared to KRW 215 a year ago. Diluted earnings per share from continuing operations was KRW 460 compared to KRW 215 a year ago. Basic earnings per share was KRW 683 compared to KRW 215 a year ago. Diluted earnings per share was KRW 460.
SIMMTECH HOLDINGS Co., Ltd., formerly SIMMTECH Co., Ltd., is a Korea-based company engaged in the manufacture of printed circuit boards (PCBs). The Companyâs products mainly consist of main boards and package substrates. Its main boards include memory module PCBs, which are used for desktop personal computers (PCs), notebook PCs, servers and others; mobile phone boards, which are used for mobile phones, mobile Internet devices, navigations and others; solid state drive (SSD) module PCBs, and other multilayer PCBs, among others. Its package substrates are used for integrating semiconductor chips. It also produces build-up PCBs for telecommunication terminal devices, repeaters and Internet devices, as well as burn-in boards (BIBs) used for burn-in tests.