Vidente Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 26, 2022 at 03:14 am EDT
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Vidente 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 363.36 million compared to KRW 616.19 million a year ago. Net loss was KRW 92,010.91 million compared to net income of KRW 40,509.59 million a year ago. Basic loss per share from continuing operations was KRW 1,793 compared to basic earnings per share from continuing operations of KRW 887 a year ago. Diluted loss per share from continuing operations was KRW 1,793 compared to diluted earnings per share from continuing operations of KRW 803 a year ago. Basic loss per share was KRW 1,793 compared to basic earnings per share of KRW 887 a year ago.
For the six months, sales was KRW 1,302.82 million compared to KRW 799.78 million a year ago. Net loss was KRW 87,461.57 million compared to net income of KRW 137,787.37 million a year ago. Basic loss per share from continuing operations was KRW 1,714 compared to basic earnings per share from continuing operations of KRW 3,017 a year ago. Diluted loss per share from continuing operations was KRW 1,714 compared to diluted earnings per share from continuing operations of KRW 2,712 a year ago. Basic loss per share was KRW 1,714 compared to basic earnings per share of KRW 3,017 a year ago.
Vidente Co., Ltd., formerly Seven Star Works Co., Ltd., is a Korea-based company mainly engaged in the manufacturing and marketing of high definition (HD) video equipment for digital broadcast. The Companyâs products portfolio consists of viewfinder monitors, color critical liquid crystal display (LCD) monitors, multi-format monitors, quad-screen monitors, digital visual interface (DVI) and high definition multimedia interface (HDMI) monitors, rack monitors, organic light emitting diode (OLED) monitors, three dimensional (3D) monitors, wall monitors and others. The Company distributes its products within domestic market and to overseas markets, including Germany, Russia, India, Egypt and others. In addition, it engages in the real estate rental business.
VIDENTE CO., LTD. 
