Smart Solutions Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 05:17 am EDT
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Smart Solutions Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 775.28 million compared to KRW 5,044.23 million a year ago. Net loss was KRW 1,240.65 million compared to KRW 17,019.66 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 479 a year ago. Diluted loss per share from continuing operations was KRW 26 compared to KRW 479 a year ago. Basic loss per share was KRW 26 compared to KRW 589 a year ago. Diluted loss per share was KRW 26.
For the six months, sales was KRW 212.84 million compared to negative sales of KRW 3,213.66 million a year ago. Net loss was KRW 3,437.61 million compared to KRW 20,559.17 million a year ago. Basic loss per share from continuing operations was KRW 76 compared to KRW 484 a year ago. Diluted loss per share from continuing operations was KRW 76 compared to KRW 484 a year ago. Basic loss per share was KRW 76 compared to KRW 711 a year ago. Diluted loss per share was KRW 76.
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.