Wave Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022
March 23, 2023 at 04:40 am EDT
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Wave Electronics Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was KRW 6,224.5 million compared to KRW 3,912.51 million a year ago. Net loss was KRW 7,587.87 million compared to net income of KRW 60,477.85 million a year ago.
Basic loss per share from continuing operations was KRW 513 compared to basic earnings per share from continuing operations of KRW 478 a year ago. Basic loss per share was KRW 513 compared to basic earnings per share of KRW 4,114 a year ago.
Wave Electronics Co., Ltd. is a Korea-based company engaged in the manufacture of wireless and wired communication equipment. The Companyâs products consist of amplifiers for base stations, such as digital predistortion amplifiers, analog amplifiers and radio frequency (RF) transceiver units; repeater amplifiers, including code division multiple access (CDMA) products, wideband CDMA (WCDAM) products, worldwide interoperability for microwave access (WIMAX) products and digital multimedia broadcasting (DMB) products, and radio frequency (RF) transceiver units, such as radio remote head (RRH) products, which are used for WIAX, CDMA, WCDMA and long term evolution (LTE). On June 12, 2013, the Company merged with its wholly owned subsidiary, engaged in the research and production of repeater parts.
WAVE ELECTRONICS CO., LTD. 
