KHVATEC Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:10 am EDT
Share
KHVATEC 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 75,517.55 million compared to KRW 53,800.85 million a year ago. Net income was KRW 10,187.57 million compared to KRW 4,587.27 million a year ago. Basic earnings per share from continuing operations was KRW 449. Basic earnings per share was KRW 449 compared to KRW 202 a year ago. Diluted earnings per share was KRW 449 compared to KRW 202 a year ago.
For the six months, sales was KRW 118,845.06 million compared to KRW 119,882.58 million a year ago. Net income was KRW 21,759.61 million compared to KRW 10,013.89 million a year ago. Basic earnings per share from continuing operations was KRW 960. Basic earnings per share was KRW 960 compared to KRW 442 a year ago. Diluted earnings per share was KRW 960 compared to KRW 442 a year ago.
KH VATEC Co., LTD is a Korea-based company principally engaged in the manufacture and sale of aluminum casting products. The Company produces products including aluminum casting, magnesium casting, zinc casting and others. The Company also manufactures flexible printed circuit boards (FPCBs), which are used in mobile phones, as well as light emitting diode (LED) lighting products such as floodlights and street lights, among others.