KH Electron Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:22 pm IST
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KH Electron 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 1,916.98 million compared to KRW 4,159.48 million a year ago. Net income was KRW 52,601.49 million compared to net loss of KRW 78,207.54 million a year ago. Basic earnings per share from continuing operations was KRW 14,849.9993 compared to basic loss per share from continuing operations of KRW 30,059.9985 a year ago. Diluted earnings per share from continuing operations was KRW 13,004.9994 compared to diluted loss per share from continuing operations of KRW 30,059.9985 a year ago. Basic earnings per share was KRW 990 compared to basic loss per share of KRW 2,004 a year ago. Diluted earnings per share was KRW 867.
For the six months, sales was KRW 36.53 million compared to KRW 1,521.02 million a year ago. Net income was KRW 47,618.84 million compared to net loss of KRW 47,594.56 million a year ago. Basic earnings per share from continuing operations was KRW 13,454.9993 compared to basic loss per share from continuing operations of KRW 17,594.9991 a year ago. Diluted earnings per share from continuing operations was KRW 11,564.9994 compared to diluted loss per share from continuing operations of KRW 17,594.9991 a year ago. Basic earnings per share was KRW 897 compared to basic loss per share of KRW 1,173 a year ago. Diluted earnings per share was KRW 771.
KH Electron Co Ltd, is a Korea-based company mainly engaged in the manufacturing of sound devices. The Company operates its business through two segments. The Sound segment manufactures earphones, headphones, and bluetooth earphones. The Game segment operates the mobile game publishing business. The Company distributes its products within domestic market and to overseas markets.