Smart Solutions Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 05:50 am EDT
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Smart Solutions 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 230.57 million compared to KRW 516.61 million a year ago. Net loss was KRW 16,968.82 million compared to KRW 3,953.49 million a year ago. Basic loss per share from continuing operations was KRW 587 compared to KRW 219 a year ago. Diluted loss per share from continuing operations was KRW 587 compared to KRW 219 a year ago. Basic loss per share was KRW 587 compared to KRW 229 a year ago. Diluted loss per share was KRW 587 compared to KRW 229 a year ago.
For the six months, sales was KRW 517.16 million compared to KRW 810.53 million a year ago. Net loss was KRW 20,559.17 million compared to KRW 4,623.93 million a year ago. Basic loss per share from continuing operations was KRW 711 compared to KRW 254 a year ago. Diluted loss per share from continuing operations was KRW 711 compared to KRW 254 a year ago. Basic loss per share was KRW 711 compared to KRW 275 a year ago. Diluted loss per share was KRW 711 compared to KRW 275 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.