KH Electron Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:23 pm IST
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KH Electron 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 2,195.26 million compared to KRW 2,776.54 million a year ago. Net loss was KRW 17,311.3 million compared to KRW 22,854.42 million a year ago. Basic loss per share from continuing operations was KRW 165 compared to KRW 7,424.9996 a year ago. Diluted loss per share from continuing operations was KRW 66 compared to KRW 7,424.9996 a year ago. Basic loss per share was KRW 165 compared to KRW 495 a year ago. Diluted loss per share was KRW 66.
For the nine months, sales was KRW 5,597.07 million compared to KRW 10,579.31 million a year ago. Net income was KRW 30,307.54 million compared to net loss of KRW 70,462.68 million a year ago. Basic earnings per share from continuing operations was KRW 732 compared to basic loss per share from continuing operations of KRW 24,974.9988 a year ago. Diluted earnings per share from continuing operations was KRW 705 compared to diluted loss per share from continuing operations of KRW 24,974.9988 a year ago. Basic earnings per share was KRW 732 compared to basic loss per share of KRW 1,665 a year ago. Diluted earnings per share was KRW 705.
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.