Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:10 am
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Daejoo Electronic Materials 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 52,538.17 million compared to KRW 39,689.72 million a year ago. Net income was KRW 4,434.39 million compared to KRW 2,265.9 million a year ago. Basic earnings per share from continuing operations was KRW 298 compared to KRW 157 a year ago. Diluted earnings per share from continuing operations was KRW 298 compared to KRW 154 a year ago. Basic earnings per share was KRW 298 compared to KRW 157 a year ago.
For the nine months, sales was KRW 148,792.52 million compared to KRW 115,247.46 million a year ago. Net income was KRW 13,340.36 million compared to KRW 5,151.3 million a year ago. Basic earnings per share from continuing operations was KRW 899 compared to KRW 363 a year ago. Diluted earnings per share from continuing operations was KRW 899 compared to KRW 345 a year ago. Basic earnings per share was KRW 899 compared to KRW 363 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.