SMCore.Inc Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:09 am
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SMCore.Inc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 33,384.86 million compared to KRW 23,526.16 million a year ago. Net loss was KRW 3,643.02 million compared to net income of KRW 1,784.09 million a year ago. Basic loss per share from continuing operations was KRW 186 compared to basic earnings per share from continuing operations of KRW 89 a year ago. Diluted loss per share from continuing operations was KRW 186 compared to diluted earnings per share from continuing operations of KRW 89 a year ago. Basic loss per share was KRW 186 compared to basic earnings per share of KRW 89 a year ago.
For the six months, sales was KRW 6,601.27 million compared to KRW 5,425.19 million a year ago. Net loss was KRW 4,509.93 million compared to net income of KRW 2,077.34 million a year ago. Basic loss per share from continuing operations was KRW 230 compared to basic earnings per share from continuing operations of KRW 104 a year ago. Diluted loss per share from continuing operations was KRW 230 compared to diluted earnings per share from continuing operations of KRW 104 a year ago. Basic loss per share was KRW 230 compared to basic earnings per share of KRW 104 a year ago.
SMCore.Inc, formerly Shin-heung Machine Co., Ltd, is a Korea-based company mainly engaged in the manufacture of automatic logistic equipment. The Companyâs products portfolio consists of automated storage and retrieval systems (AS/RS), stacker cranes (STCs), automatic guided vehicles (AGVs), laser guided vehicles (LGVs), electronic monorail systems (EMSs), rail guided vehicles (RGVs) and conveyors, such as chain conveyors, bin conveyors, pallet conveyors and flow chain conveyors, digital picking systems (DPS), truck loaders and others. It is also involved in the provision of integrated automation software and systems. The Company's products are used in the automobile, chemical, pharmaceutical and food industries.
SMCORE.INC 
