TOPTEC Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:21 am EST
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TOPTEC Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 26,695.24 million compared to KRW 96,471.65 million a year ago. Net loss was KRW 15,583.3 million compared to net income of KRW 9,005.04 million a year ago. Basic loss per share from continuing operations was KRW 432 compared to basic earnings per share from continuing operations of KRW 250 a year ago. Diluted loss per share from continuing operations was KRW 432 compared to diluted earnings per share from continuing operations of KRW 250 a year ago. Basic loss per share was KRW 432 compared to basic earnings per share of KRW 250 a year ago.
For the nine months, sales was KRW 104,241.23 million compared to KRW 270,672.48 million a year ago. Net loss was KRW 34,676.14 million compared to net income of KRW 32,205.02 million a year ago. Basic loss per share from continuing operations was KRW 962 compared to basic earnings per share from continuing operations of KRW 898 a year ago. Diluted loss per share from continuing operations was KRW 962 compared to diluted earnings per share from continuing operations of KRW 898 a year ago. Basic loss per share was KRW 962 compared to basic earnings per share of KRW 898 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 
