TOPTEC Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 10:34 pm EST
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TOPTEC Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 53,970.36 million compared to KRW 43,807.81 million a year ago. Net loss was KRW 985.13 million compared to net income of KRW 9,370.07 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to basic earnings per share from continuing operations of KRW 260 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to diluted earnings per share from continuing operations of KRW 260 a year ago. Basic loss per share was KRW 27 compared to basic earnings per share of KRW 260 a year ago.
For the nine months, sales was KRW 196,438.5 million compared to KRW 178,433.67 million a year ago. Net income was KRW 9,885.07 million compared to KRW 9,005.38 million a year ago. Basic earnings per share from continuing operations was KRW 274 compared to KRW 250 a year ago. Diluted earnings per share from continuing operations was KRW 274 compared to KRW 250 a year ago. Basic earnings per share was KRW 274 compared to KRW 250 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 
