Techwing, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:06 am EST
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Techwing, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 24,330.7 million compared to KRW 64,871.68 million a year ago. Net loss was KRW 11,253.54 million compared to KRW 6,901.65 million a year ago. Basic loss per share from continuing operations was KRW 315 compared to KRW 187 a year ago. Diluted loss per share from continuing operations was KRW 315 compared to KRW 187 a year ago. Basic loss per share was KRW 315 compared to KRW 187 a year ago.
For the nine months, sales was KRW 92,443.8 million compared to KRW 216,518.08 million a year ago. Net loss was KRW 17,921.02 million compared to net income of KRW 11,621.63 million a year ago. Basic loss per share from continuing operations was KRW 501 compared to basic earnings per share from continuing operations of KRW 314 a year ago. Diluted loss per share from continuing operations was KRW 501 compared to diluted earnings per share from continuing operations of KRW 314 a year ago. Basic loss per share was KRW 501 compared to basic earnings per share of KRW 314 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.