VITZROCELL Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 06:53 pm
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VITZROCELL Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 55.01 million compared to KRW 158.72 million a year ago. Net income was KRW 11,267.89 million compared to KRW 5,057.99 million a year ago. Basic earnings per share from continuing operations was KRW 532 compared to KRW 237 a year ago. Diluted earnings per share from continuing operations was KRW 512 compared to KRW 234 a year ago. Basic earnings per share was KRW 532 compared to KRW 237 a year ago. Diluted earnings per share was KRW 512 compared to KRW 234 a year ago.
For the nine months, sales was KRW 778.28 million compared to KRW 311.99 million a year ago. Net income was KRW 22,227.74 million compared to KRW 15,758.2 million a year ago. Basic earnings per share from continuing operations was KRW 1,045 compared to KRW 736 a year ago. Diluted earnings per share from continuing operations was KRW 1,017 compared to KRW 727 a year ago. Basic earnings per share was KRW 1,045 compared to KRW 736 a year ago. Diluted earnings per share was KRW 1,017 compared to KRW 727 a year ago.
Vitzrocell Co Ltd is a Korea-based company engaged in the manufacture and sale of lithium batteries. The Company's products include lithium thionyl chloride (Li/SOCl2) bobbin type for memory backups and digital meters; Li/SOCl2 wound type for communication equipment, asset tracking equipment and global positioning systems (GPSs); Li/SOCl2 hybrid type for radio frequency identification (RFID) devices, asset tracking equipment and digital meters; lithium-manganese dioxide (Li-MnO2) type for cameras and security devices, as well as Li-SOCl2 reserve type for military utilities such as guided weapons. The Company provides its products under the brand name of Tekcell. The Company distributes its products in domestic and overseas markets.