Simmtech Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:14 am EST
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Simmtech Holdings 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 0.00025 million compared to negative sales of KRW 0.00007 million a year ago. Net income was KRW 27,753.98 million compared to KRW 15,161.58 million a year ago. Basic earnings per share from continuing operations was KRW 598 compared to KRW 390 a year ago. Diluted earnings per share from continuing operations was KRW 560 compared to KRW 258 a year ago. Basic earnings per share was KRW 598 compared to KRW 390 a year ago. Diluted earnings per share was KRW 560 compared to KRW 258 a year ago.
For the nine months, negative sales was KRW 0.00027 million compared to KRW 0.00004 million a year ago. Net income was KRW 54,434.58 million compared to KRW 23,472.92 million a year ago. Basic earnings per share from continuing operations was KRW 1,172 compared to KRW 605 a year ago. Diluted earnings per share from continuing operations was KRW 958 compared to KRW 473 a year ago. Basic earnings per share was KRW 1,172 compared to KRW 605 a year ago. Diluted earnings per share was KRW 958 compared to KRW 473 a year ago.
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.