TOPTEC Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 01:04 am EDT
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TOPTEC Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 55,840.71 million compared to KRW 96,495.26 million a year ago. Net income was KRW 10,656.33 million compared to net loss of KRW 3,332.3 million a year ago. Basic earnings per share from continuing operations was KRW 296 compared to basic loss per share from continuing operations of KRW 92 a year ago. Diluted earnings per share from continuing operations was KRW 296 compared to diluted loss per share from continuing operations of KRW 92 a year ago. Basic earnings per share was KRW 296 compared to basic loss per share of KRW 92 a year ago.
For the six months, sales was KRW 142,468.14 million compared to KRW 134,625.87 million a year ago. Net income was KRW 10,870.2 million compared to net loss of KRW 364.69 million a year ago. Basic earnings per share from continuing operations was KRW 302 compared to basic loss per share from continuing operations of KRW 10 a year ago. Diluted earnings per share from continuing operations was KRW 302 compared to diluted loss per share from continuing operations of KRW 10 a year ago. Basic earnings per share was KRW 302 compared to basic loss per share of KRW 10 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.
TOPTEC CO., LTD 
