EV Advanced Material Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:51 am
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EV Advanced Material 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 77.21 million compared to KRW 0.00003 million a year ago. Net loss was KRW 10,815.7 million compared to KRW 3,566.09 million a year ago. Basic loss per share from continuing operations was KRW 380 compared to KRW 18 a year ago. Diluted loss per share from continuing operations was KRW 380 compared to KRW 18 a year ago. Basic loss per share was KRW 380 compared to KRW 163 a year ago. Diluted loss per share was KRW 380 compared to KRW 163 a year ago.
For the six months, sales was KRW 87.71 million compared to negative sales of KRW 0.00018 million a year ago. Net loss was KRW 10,923.02 million compared to net income of KRW 5,702.11 million a year ago. Basic loss per share from continuing operations was KRW 218 compared to basic earnings per share from continuing operations of KRW 43 a year ago. Diluted loss per share from continuing operations was KRW 218 compared to diluted earnings per share from continuing operations of KRW 43 a year ago. Basic loss per share was KRW 218 compared to basic earnings per share of KRW 262 a year ago. Diluted loss per share was KRW 218 compared to diluted earnings per share of KRW 239 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.