TOPTEC Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:20 am EDT
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TOPTEC Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 96,495.26 million compared to KRW 36,736.19 million a year ago. Net loss was KRW 3,332.3 million compared to KRW 23,701.96 million a year ago. Basic loss per share from continuing operations was KRW 92 compared to KRW 658 a year ago. Diluted loss per share from continuing operations was KRW 92 compared to KRW 658 a year ago. Basic loss per share was KRW 92 compared to KRW 658 a year ago.
For the six months, sales was KRW 134,625.87 million compared to KRW 77,545.98 million a year ago. Net loss was KRW 364.69 million compared to KRW 19,092.84 million a year ago. Basic loss per share from continuing operations was KRW 10 compared to KRW 530 a year ago. Diluted loss per share from continuing operations was KRW 10 compared to KRW 530 a year ago. Basic loss per share was KRW 10 compared to KRW 530 a year ago.
TOPTEC Co., Ltd. is a Korea-based company engaged in the manufacture of automated machines. The Company's products consist of display related equipment, including equipment for liquid crystal display (LCD), organic light emitting diode (OLED) and plasma display panel (PDP) manufacturing; equipment for rechargeable battery manufacturing, such as can cap laser welding machines, cap assembly machines and laser welding machines; solar module related equipment, including tabbing and laminating machines; automobile related equipment, including seat auto covering machines and seat assembly in-line systems; equipment for belt manufacturing, including of bias cutting machines, angle cutting machines, v-belt building machines and cross cutting machines; nano-fiber and laser cutting equipment, as well as loaders and unloaders.