Barun Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:48 am
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Barun Electronics 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 6,288.95 million compared to KRW 9,851.96 million a year ago. Net loss was KRW 696.42 million compared to KRW 235.63 million a year ago. Basic loss per share from continuing operations was KRW 83 compared to KRW 32 a year ago. Diluted loss per share from continuing operations was KRW 83 compared to KRW 32 a year ago. Basic loss per share was KRW 83 compared to KRW 32 a year ago.
For the six months, sales was KRW 598.51 million compared to KRW 226.88 million a year ago. Net loss was KRW 1,532.61 million compared to KRW 881.57 million a year ago. Basic loss per share from continuing operations was KRW 183 compared to KRW 120 a year ago. Diluted loss per share from continuing operations was KRW 183 compared to KRW 120 a year ago. Basic loss per share was KRW 183 compared to KRW 120 a year ago.
TechL Co Ltd, formerly Barun Electronics Co Ltd, is a Korea-based company engaged in the manufacture and sale of memory semiconductor back-end processes. The Company operates its business through two segments. The System in a Package (SIP) Business segment is engaged in the manufacture and sale of memory cards, solid state drives(SSDs), embedded multi media cards(eMMCs) and smart cards. The Huawei Distributor Business segment is engaged in the manufacture and sale of products such as storage, network equipment and video conferencing equipment.
BARUN ELECTRONICS CO., LTD. 
