NewFlex Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:05 pm EST
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NewFlex Technology 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 518.02 million compared to KRW 206.91 million a year ago. Net income was KRW 4,715.57 million compared to KRW 5,391.63 million a year ago. Basic earnings per share from continuing operations was KRW 194 compared to KRW 223 a year ago. Diluted earnings per share from continuing operations was KRW 194 compared to KRW 223 a year ago. Basic earnings per share was KRW 194 compared to KRW 223 a year ago.
For the nine months, sales was KRW 1,304.34 million compared to KRW 705.33 million a year ago. Net income was KRW 4,005.74 million compared to KRW 18,719.19 million a year ago. Basic earnings per share from continuing operations was KRW 165 compared to KRW 773 a year ago. Diluted earnings per share from continuing operations was KRW 166 compared to KRW 773 a year ago. Basic earnings per share was KRW 165 compared to KRW 773 a year ago. Diluted earnings per share was KRW 166.
NewFlex Technology Co Ltd is a Korea-based company engaged in the manufacture of flexible printed circuit boards (FPCBs) business. The Company's product portfolio consists of FPCBs and metal PCBs (MPCBs). Its FPCBs include single-side FPCBs, double-side FPCBs, multilayer FPCBs, rigid FPCBs, build up PCBs and inner via hole (IVH) PCBs. The Companyâs products are used in cameras, laptops, mobile phones, liquid crystal displays (LCDs), light emitting diodes (LEDs), televisions (TVs) and others. The Company distributes its products within domestic market and to overseas markets. The Company also involves in the real estate rental business.