Vissem Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 11:27 pm
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Vissem Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 0.00045 million compared to negative sales of KRW 0.00034 million a year ago. Net income was KRW 830.49 million compared to KRW 500.58 million a year ago. Basic earnings per share from continuing operations was KRW 104 compared to KRW 62 a year ago. Diluted earnings per share from continuing operations was KRW 104. Basic earnings per share was KRW 103 compared to KRW 62 a year ago.
For the six months, negative sales was KRW 0.00032 million compared to sales of KRW 0.00023 million a year ago. Net income was KRW 1,551.12 million compared to KRW 1,428.29 million a year ago. Basic earnings per share from continuing operations was KRW 195 compared to KRW 178 a year ago. Diluted earnings per share from continuing operations was KRW 195. Basic earnings per share was KRW 195 compared to KRW 178 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. 
