EV Advanced Material Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:45 am
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EV Advanced Material Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 18,113.93 million compared to KRW 0.00049 million a year ago. Net loss was KRW 1,269.87 million compared to KRW 1,331.26 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to KRW 32.5 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to KRW 32.5 a year ago. Basic loss per share was KRW 27 compared to KRW 65 a year ago.
For the nine months, sales was KRW 0.00002 million compared to KRW 63.64 million a year ago. Net income was KRW 4,432.24 million compared to net loss of KRW 5,550.82 million a year ago. Basic earnings per share from continuing operations was KRW 112 compared to basic loss per share from continuing operations of KRW 136.5 a year ago. Diluted earnings per share from continuing operations was KRW 119 compared to diluted loss per share from continuing operations of KRW 136.5 a year ago. Basic earnings per share was KRW 112 compared to basic loss per share of KRW 273 a year ago. Diluted earnings per share was KRW 119.
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.