TOPTEC Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:23 am EST
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TOPTEC Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 43,807.81 million compared to KRW 26,695.24 million a year ago. Net income was KRW 9,370.07 million compared to net loss of KRW 15,583.3 million a year ago. Basic earnings per share from continuing operations was KRW 260 compared to basic loss per share from continuing operations of KRW 432 a year ago. Diluted earnings per share from continuing operations was KRW 260 compared to diluted loss per share from continuing operations of KRW 432 a year ago. Basic earnings per share was KRW 260 compared to basic loss per share of KRW 432 a year ago.
For the nine months, sales was KRW 178,433.67 million compared to KRW 104,241.23 million a year ago. Net income was KRW 9,005.38 million compared to net loss of KRW 34,676.14 million a year ago. Basic earnings per share from continuing operations was KRW 250 compared to basic loss per share from continuing operations of KRW 962 a year ago. Diluted earnings per share from continuing operations was KRW 250 compared to diluted loss per share from continuing operations of KRW 962 a year ago. Basic earnings per share was KRW 250 compared to basic loss per share of KRW 962 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 
