CLOVER HITECH.CO., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 10:34 pm EST
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CLOVER HITECH.CO., LTD. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 8,699.65 million compared to KRW 7,981.35 million a year ago. Net income was KRW 2,626.04 million compared to net loss of KRW 782.1 million a year ago. Basic earnings per share from continuing operations was KRW 78 compared to basic loss per share from continuing operations of KRW 58.3333 a year ago. Basic earnings per share was KRW 78 compared to basic loss per share of KRW 35 a year ago.
For the nine months, negative sales was KRW 0.00026 million compared to sales of KRW 20,862.39 million a year ago. Net income was KRW 5,219.22 million compared to net loss of KRW 3,589.42 million a year ago. Basic earnings per share from continuing operations was KRW 203 compared to basic loss per share from continuing operations of KRW 266.6667 a year ago. Diluted earnings per share from continuing operations was KRW 203 compared to diluted loss per share from continuing operations of KRW 266.6667 a year ago. Basic earnings per share was KRW 190 compared to basic loss per share of KRW 160 a year ago.
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 
