Smart Solutions Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:43 am EST
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Smart Solutions 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 3.3 million compared to KRW 401.05 million a year ago. Net loss was KRW 2,438.61 million compared to KRW 14,152.69 million a year ago. Basic loss per share from continuing operations was KRW 67 compared to KRW 716 a year ago. Diluted loss per share from continuing operations was KRW 67 compared to KRW 716 a year ago. Basic loss per share was KRW 67 compared to KRW 490 a year ago. Diluted loss per share was KRW 67 compared to KRW 490 a year ago.
For the nine months, sales was KRW 216.14 million compared to KRW 671.11 million a year ago. Net loss was KRW 5,876.22 million compared to KRW 58,377.38 million a year ago. Basic loss per share from continuing operations was KRW 127 compared to KRW 1,201 a year ago. Diluted loss per share from continuing operations was KRW 127 compared to KRW 1,201 a year ago. Basic loss per share was KRW 127 compared to KRW 2,020 a year ago. Diluted loss per share was KRW 127 compared to KRW 2,020 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.