Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 08, 2024 at 09:30 pm
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Daejoo Electronic Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 46,298.41 million compared to KRW 37,499.22 million a year ago. Net income was KRW 5,649.42 million compared to net loss of KRW 1,224.15 million a year ago.
Basic earnings per share from continuing operations was KRW 382 compared to basic loss per share from continuing operations of KRW 82 a year ago. Diluted earnings per share from continuing operations was KRW 353. Basic earnings per share was KRW 382 compared to basic loss per share of KRW 82 a year ago.
Daejoo Electronic Materials Co., Ltd. is a Korea-based company engaged in the manufacture of electronic materials. The Companyâs product portfolio consists of conductive materials, such as pastes for disk ceramic applications, dielectric filters, chip inductors and others, and electrode pastes for chip resistors, among others; phosphor materials, which are used for plasma display panels (PDPs), cold cathode fluorescence lamps (CCFLs) and light emitting diode (LED); polymer materials, such as insulation materials, epoxies, epoxy coating powders, semiconductor materials and others, glass materials, nano materials, metal power materials, phosphor materials, and organic LED materials. Through its subsidiary, it manufactures and distributes insulation materials and conductive pastes used for white household appliance components in China market.