LOT VACUUM Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 07:58 pm
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LOT VACUUM Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 333.59 million compared to KRW 299.33 million a year ago. Net income was KRW 11,913.48 million compared to KRW 4,448.92 million a year ago. Basic earnings per share from continuing operations was KRW 718 compared to KRW 246 a year ago. Diluted earnings per share from continuing operations was KRW 718 compared to KRW 246 a year ago. Basic earnings per share was KRW 718 compared to KRW 246 a year ago.
For the nine months, sales was KRW 988.41 million compared to KRW 884 million a year ago. Net income was KRW 22,417.95 million compared to KRW 18,930.51 million a year ago. Basic earnings per share from continuing operations was KRW 1,350 compared to KRW 1,141 a year ago. Diluted earnings per share from continuing operations was KRW 1,350 compared to KRW 1,115 a year ago. Basic earnings per share was KRW 1,350 compared to KRW 1,141 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.