VITZROCELL Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 12:17 am
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VITZROCELL 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 44,085.48 million compared to KRW 34,088.67 million a year ago. Net income was KRW 7,366.15 million compared to KRW 11,267.89 million a year ago. Basic earnings per share from continuing operations was KRW 337 compared to KRW 532 a year ago. Diluted earnings per share from continuing operations was KRW 328 compared to KRW 512 a year ago. Basic earnings per share was KRW 337 compared to KRW 532 a year ago. Diluted earnings per share was KRW 328 compared to KRW 512 a year ago.
For the nine months, sales was KRW 174.69 million compared to KRW 778.28 million a year ago. Net income was KRW 33,304.95 million compared to KRW 22,227.74 million a year ago. Basic earnings per share from continuing operations was KRW 1,551 compared to KRW 1,045 a year ago. Diluted earnings per share from continuing operations was KRW 1,319 compared to KRW 1,017 a year ago. Basic earnings per share was KRW 1,551 compared to KRW 1,045 a year ago. Diluted earnings per share was KRW 1,319 compared to KRW 1,017 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.