CLOVER HITECH.CO., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 01:15 am EDT
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CLOVER HITECH.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 4,833.09 million compared to KRW 8,650.17 million a year ago. Net income was KRW 473.62 million compared to KRW 1,919.25 million a year ago. Basic earnings per share from continuing operations was KRW 15 compared to KRW 75 a year ago. Diluted earnings per share from continuing operations was KRW 14 compared to KRW 75 a year ago. Basic earnings per share was KRW 15 compared to KRW 67 a year ago. Diluted earnings per share was KRW 14.
For the six months, sales was KRW 0.0001 million compared to KRW 0.00016 million a year ago. Net income was KRW 1,919.97 million compared to KRW 2,583.81 million a year ago. Basic earnings per share from continuing operations was KRW 57 compared to KRW 125 a year ago. Diluted earnings per share from continuing operations was KRW 56 compared to KRW 125 a year ago. Basic earnings per share was KRW 57 compared to KRW 109 a year ago. Diluted earnings per share was KRW 56.
Welkeeps Hitech Co Ltd, formerly Clover Hitechnology Co Ltd, is a Korea-based company mainly engaged in semiconductor design and semiconductor post-processing business. The Company operates its business through two segments. The Semiconductor Business segment is engaged in the fabless semiconductor business, which designs and sells semiconductor integrated circuits. The Segment is also engaged in the display driving chip package business. The Electrical & Power Business segment is engaged in the manufacture and sale of inverter transformers and coils.
WELKEEPS HITECH CO.,LTD 
