KPM TECH Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:28 pm IST
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KPM TECH Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 148.16 million compared to KRW 138.43 million a year ago. Net loss was KRW 8,623.93 million compared to net income of KRW 771.77 million a year ago. Basic loss per share from continuing operations was KRW 61 compared to basic earnings per share from continuing operations of KRW 14 a year ago. Diluted loss per share from continuing operations was KRW 61. Basic loss per share was KRW 61 compared to basic earnings per share of KRW 14 a year ago.
For the nine months, sales was KRW 443.37 million compared to KRW 393.57 million a year ago. Net loss was KRW 10,820.24 million compared to KRW 10,364.74 million a year ago. Basic loss per share from continuing operations was KRW 77 compared to KRW 98 a year ago. Diluted loss per share from continuing operations was KRW 77 compared to KRW 98 a year ago. Basic loss per share was KRW 77 compared to KRW 98 a year ago.
KPMTECH CO.,LTD is a Korea-based company principally engaged in the manufacture and distribution of surface treatment chemicals. The Company operates its business through three divisions: surface treatment chemical division, which provides chemicals used for printed circuit boards (PCBs) and decorative parts; automatic plating system division, which provides PCB plating equipment and antilock braking system (ABS) plating equipment used for computer boards and circuits, as well as final plating equipment, and fiber division, which mainly provides mask packs and antibacterial fibers. It also provides automatic plating system assemblies. The Company mainly distributes its products within domestic market.