Nuintek Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 12:47 am
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Nuintek Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 16,855.69 million compared to KRW 16,201.69 million a year ago. Net loss was KRW 490.45 million compared to net income of KRW 624.87 million a year ago. Basic loss per share from continuing operations was KRW 16 compared to basic earnings per share from continuing operations of KRW 21 a year ago. Basic loss per share was KRW 16 compared to basic earnings per share of KRW 21 a year ago.
NUIN TEK CO., LTD. is a Korea-based company engaged in the manufacture of electronic capacitors. The Company mainly produces metalized films, which are used as capacitor materials; alternate current (AC) condensers, which are mainly used for motor running, refrigerators, washing machines, air conditioners and industrial equipment, and power electronic condensers, which are used for automobiles, photovoltaic inverters and others. The Company distributes its products within domestic market and to overseas markets.