Smart Solutions Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:37 am EST
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Smart Solutions 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 401.05 million compared to KRW 114.08 million a year ago. Net loss was KRW 14,152.69 million compared to KRW 1,210.22 million a year ago. Basic loss per share from continuing operations was KRW 716 compared to KRW 22 a year ago. Basic loss per share was KRW 490 compared to KRW 44 a year ago.
For the nine months, sales was KRW 671.11 million compared to KRW 761.07 million a year ago. Net loss was KRW 58,377.38 million compared to KRW 5,834.62 million a year ago. Basic loss per share from continuing operations was KRW 1,201 compared to KRW 171 a year ago. Basic loss per share was KRW 2,020 compared to KRW 224 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.