Amotech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:45 am
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Amotech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 730.95 million compared to KRW 605.67 million a year ago. Net income was KRW 1,545.22 million compared to net loss of KRW 3,798.56 million a year ago. Basic earnings per share from continuing operations was KRW 106 compared to basic loss per share from continuing operations of KRW 260 a year ago. Diluted earnings per share from continuing operations was KRW 106 compared to diluted loss per share from continuing operations of KRW 260 a year ago. Basic earnings per share was KRW 106 compared to basic loss per share of KRW 260 a year ago.
For the nine months, sales was KRW 1,952.78 million compared to KRW 2,089.34 million a year ago. Net loss was KRW 1,989.78 million compared to KRW 10,964.05 million a year ago. Basic loss per share from continuing operations was KRW 136 compared to KRW 750 a year ago. Diluted loss per share from continuing operations was KRW 136 compared to KRW 750 a year ago. Basic loss per share was KRW 136 compared to KRW 750 a year ago.
Amotech Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of electronic components. The Company produces and sells ceramic products, including chip varistors, electro-magnetic interference (EMI) and electro static discharge (ESD) filters, ESD suppressors, power inductors, disk varistors and common mold filters (CMFs); antennas, such as frequency modulation (FM) antennas, global positioning system (GPS) antennas, satellite digital audio radio system (SDARS) antennas, bluetooth antennas and laptop antennas, as well as brushless direct current (BLDC) motors, which are used for home appliances, automobiles and industrial equipment.
AMOTECH CO., LTD. 
