COMMAX Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:01 am
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COMMAX 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 28,432.33 million compared to KRW 33,534.84 million a year ago. Net loss was KRW 1,974.51 million compared to net income of KRW 1,038.87 million a year ago. Basic loss per share from continuing operations was KRW 126.4706 compared to basic earnings per share from continuing operations of KRW 67.2819 a year ago. Diluted loss per share from continuing operations was KRW 126.4706 compared to diluted earnings per share from continuing operations of KRW 67.2819 a year ago.
For the nine months, sales was KRW 91,108.47 million compared to KRW 88,737.9 million a year ago. Net loss was KRW 9,588.85 million compared to net income of KRW 1,129.08 million a year ago. Basic loss per share from continuing operations was KRW 619.6078 compared to basic earnings per share from continuing operations of KRW 73.0488 a year ago. Diluted loss per share from continuing operations was KRW 619.6078 compared to diluted earnings per share from continuing operations of KRW 73.0488 a year ago.
COMMAX CO., LTD is a Korea-based company engaged in the manufacture of electronic communications equipment. The Companyâs products portfolio consists of video phones including digital video phones and color video phones; interphones including wired interphones and wireless interphones; closed-circuit television (CCTV) systems including observation systems, CCTV controller systems, digital CCTV systems and others, as well as public address (PA) systems and nurse call systems. The Company also provides home network systems, which are remote control solutions of networks connecting personal computers, interphones, TVs and other digital electronics. The Company distributes its products within domestic market and to overseas markets.