Vissem Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 10:21 pm
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Vissem Electronics 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 18,004.13 million compared to KRW 19,928.56 million a year ago. Net income was KRW 951.85 million compared to net loss of KRW 358.86 million a year ago. Basic earnings per share from continuing operations was KRW 119 compared to basic loss per share from continuing operations of KRW 45 a year ago. Diluted earnings per share from continuing operations was KRW 119 compared to diluted loss per share from continuing operations of KRW 45 a year ago. Basic earnings per share was KRW 119 compared to basic loss per share of KRW 45 a year ago.
For the nine months, sales was KRW 55,004.32 million compared to KRW 69,783.69 million a year ago. Net income was KRW 2,502.97 million compared to KRW 1,069.43 million a year ago. Basic earnings per share from continuing operations was KRW 312 compared to KRW 135 a year ago. Diluted earnings per share from continuing operations was KRW 312 compared to KRW 135 a year ago. Basic earnings per share was KRW 312 compared to KRW 135 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. 
