Tokai Carbon Korea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:11 am EST
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Tokai Carbon Korea 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 63.84 million compared to KRW 109.88 million a year ago. Net income was KRW 17,216.22 million compared to KRW 25,053.64 million a year ago. Basic earnings per share from continuing operations was KRW 1,474 compared to KRW 2,145 a year ago. Basic earnings per share was KRW 1,474 compared to KRW 2,145 a year ago.
For the nine months, sales was KRW 263.9 million compared to KRW 269.9 million a year ago. Net income was KRW 49,059.58 million compared to KRW 73,735.99 million a year ago. Basic earnings per share from continuing operations was KRW 4,202 compared to KRW 6,315 a year ago. Basic earnings per share was KRW 4,202 compared to KRW 6,315 a year ago.
Tokai Carbon Korea Co Ltd is a Korea-based company mainly engaged in the manufacturing and distribution of carbon products. The Company's product portfolio consists of silicon wafers and semiconductor materials. The Company's silicon wafers include high purified graphite for semiconductors and solar batteries, and silicon carbide (SiC) coated products and semiconductor materials. Its semiconductor materials include SiC wafers, wafer carriers, carbon and carbon composites, glassy carbons and silicon cathode electrodes. The Company also imports and sells heat exchangers and heaters. The Company distributes its products within domestic market and to overseas markets.