Vissem Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 10:09 pm
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Vissem Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 24,307.43 million compared to KRW 21,356.29 million a year ago. Net income was KRW 500.58 million compared to KRW 1,503.54 million a year ago. Basic earnings per share from continuing operations was KRW 62.3077 compared to KRW 186.9231 a year ago. Diluted earnings per share from continuing operations was KRW 62.3077 compared to KRW 186.9231 a year ago. Basic earnings per share was KRW 62.3077 compared to KRW 183.0769 a year ago.
For the six months, sales was KRW 49,855.13 million compared to KRW 36,856.74 million a year ago. Net income was KRW 1,428.29 million compared to KRW 1,938.96 million a year ago. Basic earnings per share from continuing operations was KRW 177.6923 compared to KRW 248.4615 a year ago. Diluted earnings per share from continuing operations was KRW 177.6923 compared to KRW 248.4615 a year ago. Basic earnings per share was KRW 177.6923 compared to KRW 239.2308 a year ago.
Vissem Electronics Co.,Ltd. is a Korea-based company engaged in the manufacturing of light emitting diode (LED) modules and light guide panels. The Company manufactures LED devices and modules, including LED lamps for LED display boards, LED surface mount device (SMD) chips for LED displays, indoor use LED dot matrix modules and others; LED screens, including outdoor LED screens, indoor display boards and others; optical communication components, including optical fibers, optical termination boxes and other accessories, as well as LED lighting equipment. It also involves in the provision of power supplies, cooling tanks and others for KTX electron industry. It also involves in the manufacture and sale of communication equipment, printed circuit boards (PCBs) and transformer parts through DONGYANG TELECOM CO., LTD.
VISSEM ELECTRONICS CO., LTD. 
