Barun Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 01:06 pm IST
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Barun Electronics 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 4,972.05 million compared to KRW 16,995.46 million a year ago. Net loss was KRW 5,112.83 million compared to net income of KRW 900.81 million a year ago. Basic loss per share from continuing operations was KRW 599 compared to basic earnings per share from continuing operations of KRW 117 a year ago. Diluted loss per share from continuing operations was KRW 599 compared to diluted earnings per share from continuing operations of KRW 117 a year ago. Basic loss per share was KRW 599 compared to basic earnings per share of KRW 117 a year ago.
For the nine months, sales was KRW 1,176.63 million compared to KRW 488.09 million a year ago. Net loss was KRW 6,645.44 million compared to net income of KRW 19.24 million a year ago. Basic loss per share from continuing operations was KRW 789 compared to basic earnings per share from continuing operations of KRW 3 a year ago. Diluted loss per share from continuing operations was KRW 789 compared to diluted earnings per share from continuing operations of KRW 3 a year ago. Basic loss per share was KRW 789 compared to basic earnings per share of KRW 3 a year ago.
TechL Co Ltd, formerly Barun Electronics Co Ltd, is a Korea-based company engaged in the manufacture and sale of memory semiconductor back-end processes. The Company operates its business through two segments. The System in a Package (SIP) Business segment is engaged in the manufacture and sale of memory cards, solid state drives(SSDs), embedded multi media cards(eMMCs) and smart cards. The Huawei Distributor Business segment is engaged in the manufacture and sale of products such as storage, network equipment and video conferencing equipment.
BARUN ELECTRONICS CO., LTD. 
