SK IE Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:39 am EST
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SK IE Technology 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 876.22 million compared to KRW 888.87 million a year ago. Net loss was KRW 30,696.06 million compared to KRW 24,953.73 million a year ago. Basic loss per share from continuing operations was KRW 431 compared to KRW 350 a year ago. Basic loss per share was KRW 431 compared to KRW 350 a year ago.
For the nine months, sales was KRW 2,617.43 million compared to KRW 2,639.16 million a year ago. Net income was KRW 8,590.21 million compared to net loss of KRW 39,211.23 million a year ago. Basic earnings per share from continuing operations was KRW 120 compared to basic loss per share from continuing operations of KRW 550 a year ago. Basic earnings per share was KRW 120 compared to basic loss per share of KRW 550 a year ago.
SK IE Technology Co Ltd is a Korea-based company principally engaged in the business of manufacturing and distribution of battery materials. The company is mainly involved in the business of wet separators and ceramic coated separators (CCS) mounted in batteries. In addition, the Company also engages in the flexible cover window (FCW) business, which is a material for display. The Company mainly distributes its products within domestic market.