LOT VACUUM Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 07:52 am IST
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LOT VACUUM 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 299.33 million compared to KRW 261.32 million a year ago. Net income was KRW 4,448.92 million compared to net loss of KRW 2,846.45 million a year ago. Basic earnings per share from continuing operations was KRW 246 compared to basic loss per share from continuing operations of KRW 214 a year ago. Diluted earnings per share from continuing operations was KRW 246 compared to diluted loss per share from continuing operations of KRW 214 a year ago. Basic earnings per share was KRW 246 compared to basic loss per share of KRW 214 a year ago.
For the nine months, sales was KRW 884 million compared to KRW 858.97 million a year ago. Net income was KRW 18,930.51 million compared to KRW 7,576.71 million a year ago. Basic earnings per share from continuing operations was KRW 1,141 compared to KRW 581 a year ago. Diluted earnings per share from continuing operations was KRW 1,115 compared to KRW 521 a year ago. Basic earnings per share was KRW 1,141 compared to KRW 581 a year ago. Diluted earnings per share was KRW 1,115 compared to KRW 521 a year ago.
LOT VACUUM Co., Ltd. is a Korea-based manufacturer principally engaged in the provision of dry vacuum pumps for semiconductor manufacturing. The Company manufactures and sells dry vacuum pumps which are used to maintain the vacuum state without oil, used in manufacturing of semiconductors, displays, solar cells and others. It also distributes high vacuum turbo pumps for semiconductor manufacturing. The Company also provides equipment-related after-sale services including maintenance and repair services. The Company distributes its products within the domestic market and to the overseas markets. On September 30, 2013, it established a new wholly owned subsidiary in China, engaged in the sale and repair of vacuum pump for semiconductor.