KPM TECH Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:50 am
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KPM TECH Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 155.15 million compared to KRW 156.78 million a year ago. Net loss was KRW 4,408.96 million compared to KRW 328.73 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 2 a year ago. Diluted loss per share from continuing operations was KRW 26 compared to KRW 2 a year ago. Basic loss per share was KRW 26 compared to KRW 2 a year ago.
For the six months, sales was KRW 326.17 million compared to KRW 316.07 million a year ago. Net income was KRW 13,745.28 million compared to net loss of KRW 1,103.39 million a year ago. Basic earnings per share from continuing operations was KRW 82 compared to basic loss per share from continuing operations of KRW 7 a year ago. Diluted earnings per share from continuing operations was KRW 82 compared to diluted loss per share from continuing operations of KRW 7 a year ago. Basic earnings per share was KRW 82 compared to basic loss per share of KRW 7 a year ago.
KPMTECH CO.,LTD is a Korea-based company principally engaged in the manufacture and distribution of surface treatment chemicals. The Company operates its business through three divisions: surface treatment chemical division, which provides chemicals used for printed circuit boards (PCBs) and decorative parts; automatic plating system division, which provides PCB plating equipment and antilock braking system (ABS) plating equipment used for computer boards and circuits, as well as final plating equipment, and fiber division, which mainly provides mask packs and antibacterial fibers. It also provides automatic plating system assemblies. The Company mainly distributes its products within domestic market.