LOT VACUUM Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 11:18 pm
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LOT VACUUM Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 391.24 million compared to KRW 333.59 million a year ago. Net income was KRW 20,246.17 million compared to KRW 11,913.48 million a year ago. Basic earnings per share from continuing operations was KRW 1,239 compared to KRW 718 a year ago. Diluted earnings per share from continuing operations was KRW 1,239 compared to KRW 718 a year ago. Basic earnings per share was KRW 1,239 compared to KRW 718 a year ago.
For the nine months, sales was KRW 1,198.78 million compared to KRW 988.41 million a year ago. Net income was KRW 44,224.26 million compared to KRW 22,417.95 million a year ago. Basic earnings per share from continuing operations was KRW 2,706 compared to KRW 1,350 a year ago. Diluted earnings per share from continuing operations was KRW 2,706 compared to KRW 1,350 a year ago. Basic earnings per share was KRW 2,706 compared to KRW 1,350 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.