Edison EV Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:15 am EST
Share
Edison EV Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 297.07 million compared to KRW 377.55 million a year ago. Net loss was KRW 1,186.02 million compared to KRW 2,131.21 million a year ago. Basic loss per share from continuing operations was KRW 42.75 compared to KRW 101.25 a year ago. Diluted loss per share from continuing operations was KRW 170 compared to KRW 101.25 a year ago. Basic loss per share was KRW 171 compared to KRW 405 a year ago. Diluted loss per share was KRW 170.
For the nine months, sales was KRW 1,219.62 million compared to KRW 970.45 million a year ago. Net loss was KRW 5,810.42 million compared to KRW 6,675.19 million a year ago. Basic loss per share from continuing operations was KRW 209.5 compared to KRW 317.25 a year ago. Diluted loss per share from continuing operations was KRW 209.5 compared to KRW 317.25 a year ago. Basic loss per share was KRW 838 compared to KRW 1,269 a year ago.
Smart Solutions Co Ltd, formerly EdisonEV Co Ltd, is a Korea-based company mainly engaged in the electric vehicle business. The Company operates through two segments. The Electric Vehicle segment is engaged in the manufacture and sale of electric vehicles. The Semiconductor and Display segment mainly manufactures display inspection equipment such as smart-end point detections (EPD) and smart-health monitoring systems (HMS) for plasma inspection and eagle eye systems (EGIS) for glass substrate inspection.