LOT VACUUM Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 12:12 am
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LOT VACUUM 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 464.89 million compared to KRW 332.96 million a year ago. Net income was KRW 12,345.14 million compared to KRW 6,097.4 million a year ago. Basic earnings per share from continuing operations was KRW 756 compared to KRW 367 a year ago. Diluted earnings per share from continuing operations was KRW 756 compared to KRW 367 a year ago. Basic earnings per share was KRW 756 compared to KRW 367 a year ago.
For the six months, sales was KRW 807.54 million compared to KRW 654.82 million a year ago. Net income was KRW 23,978.1 million compared to KRW 10,504.47 million a year ago. Basic earnings per share from continuing operations was KRW 1,467 compared to KRW 632 a year ago. Diluted earnings per share from continuing operations was KRW 1,467 compared to KRW 632 a year ago. Basic earnings per share was KRW 1,467 compared to KRW 632 a year ago.
LOT VACUUM Co., Ltd. is a Korea-based manufacturer principally engaged in the provision of dry vacuum pumps for semiconductor manufacturing. The Company manufactures and sells dry vacuum pumps which are used to maintain the vacuum state without oil, used in manufacturing of semiconductors, displays, solar cells and others. It also distributes high vacuum turbo pumps for semiconductor manufacturing. The Company also provides equipment-related after-sale services including maintenance and repair services. The Company distributes its products within the domestic market and to the overseas markets. On September 30, 2013, it established a new wholly owned subsidiary in China, engaged in the sale and repair of vacuum pump for semiconductor.