Daejoo Electronic Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 06:39 am IST
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Daejoo Electronic Materials 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 0.00047 million compared to negative sales of KRW 0.00043 million a year ago. Net income was KRW 3,327 million compared to KRW 4,434.39 million a year ago. Basic earnings per share from continuing operations was KRW 225 compared to KRW 298 a year ago. Diluted earnings per share from continuing operations was KRW 225 compared to KRW 298 a year ago. Basic earnings per share was KRW 225 compared to KRW 298 a year ago.
For the nine months, negative sales was KRW 0.00006 million compared to sales of KRW 0.00012 million a year ago. Net income was KRW 8,760.27 million compared to KRW 13,340.36 million a year ago. Basic earnings per share from continuing operations was KRW 589 compared to KRW 899 a year ago. Diluted earnings per share from continuing operations was KRW 589 compared to KRW 899 a year ago. Basic earnings per share was KRW 589 compared to KRW 899 a year ago.
Daejoo Electronic Materials Co., Ltd. is a Korea-based company engaged in the manufacture of electronic materials. The Companyâs product portfolio consists of conductive materials, such as pastes for disk ceramic applications, dielectric filters, chip inductors and others, and electrode pastes for chip resistors, among others; phosphor materials, which are used for plasma display panels (PDPs), cold cathode fluorescence lamps (CCFLs) and light emitting diode (LED); polymer materials, such as insulation materials, epoxies, epoxy coating powders, semiconductor materials and others, glass materials, nano materials, metal power materials, phosphor materials, and organic LED materials. Through its subsidiary, it manufactures and distributes insulation materials and conductive pastes used for white household appliance components in China market.