Techwing, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 10:12 pm EDT
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Techwing, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 39,490.61 million compared to KRW 84,736.64 million a year ago. Net loss was KRW 440.56 million compared to net income of KRW 8,806.3 million a year ago. Basic loss per share from continuing operations was KRW 12 compared to basic earnings per share from continuing operations of KRW 234 a year ago. Diluted loss per share from continuing operations was KRW 12 compared to diluted earnings per share from continuing operations of KRW 234 a year ago. Basic loss per share was KRW 12 compared to basic earnings per share of KRW 234 a year ago.
For the six months, sales was KRW 68,113.1 million compared to KRW 151,646.4 million a year ago. Net loss was KRW 6,667.47 million compared to net income of KRW 18,523.28 million a year ago. Basic loss per share from continuing operations was KRW 187 compared to basic earnings per share from continuing operations of KRW 494 a year ago. Diluted loss per share from continuing operations was KRW 187 compared to diluted earnings per share from continuing operations of KRW 494 a year ago. Basic loss per share was KRW 187 compared to basic earnings per share of KRW 494 a year ago.
Techwing Inc is a Korea-based company mainly engaged in the manufacture and sale of semiconductor inspection equipment. The Company operates its business through two segments. The Semiconductor Inspection Equipment segment manufactures and sells semiconductor post-processing equipment used for electrical functions such as semiconductor chips, modules, and solid state drives (SSD) or for transporting, sorting, and creating inspection environments in the mounting inspection process. In addition, the segment produces and supplies replacement and consumable parts used in equipment. The Display Inspection Equipment segment manufactures and sells organic light emitting diodes (OLED) and liquid crystal display (LCD) appearance inspection equipment.