EV Advanced Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 08, 2023 at 01:36 am
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EV Advanced Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 274.37 million compared to KRW 10.5 million a year ago. Net income was KRW 796.96 million compared to net loss of KRW 107.32 million a year ago.
Basic earnings per share from continuing operations was KRW 23 compared to basic loss per share from continuing operations of KRW 4 a year ago. Diluted earnings per share from continuing operations was KRW 23 compared to diluted loss per share from continuing operations of KRW 4 a year ago. Basic earnings per share was KRW 23 compared to basic loss per share of KRW 2 a year ago.
EV Advanced Material Co Ltd, formerly Act Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of flexible printed circuit boards (FPCBs). The Companyâs products include single side FPCBs, double side FPCBs, double access FPCBs, multi FPCBs and rigid FPCBs. The Companyâs products are used in mobile phones, tablet personal computers (PCs), transport stream processor (TSP) modules, plasma display panel (PDP) modules, liquid crystal display (LCD) modules, camera modules, televisions and others. The Company sells its products in domestic and overseas markets such as China, Japan, and Europe.