TOP Engineering Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 09:07 pm EDT
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TOP Engineering Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 2,617.65 million compared to KRW 3,055.25 million a year ago. Net income was KRW 5,446.37 million compared to net loss of KRW 3,070.28 million a year ago.
Basic earnings per share from continuing operations was KRW 396 compared to basic loss per share from continuing operations of KRW 215 a year ago. Diluted earnings per share from continuing operations was KRW 369. Basic earnings per share was KRW 396 compared to basic loss per share of KRW 215 a year ago.
Top Engineering Co., Ltd. is a Korea-based company engaged in the manufacture of semiconductor and display equipment. It provides liquid crystal display (LCD) equipment including liquid crystal (LC) dispensers, sealant (SEAL) dispensers, gas cutting systems (GCSs), array testers, in-line systems and wet cleaning equipment; light emitting diode (LED) equipment including inductively coupled plasma (ICP) etchers, low temperature plasma chemical vapor depositions (CVDs) and LED dispensers; semiconductor equipment including flip chip bonders, potting systems and marking systems; organic light emitting diode (OLED) equipment, such as OLED seal dispensers, and central chemical supply systems. On December 12, 2013, it sold a certain shares of IM Tech Inc. On March 5, 2014, it merged with a wholly owned subsidiary, engaged in the manufacture and distribution of displayer and semiconductor testers.