N Citron, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 06:22 am IST
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N Citron, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 9,037.39 million compared to KRW 6,770.16 million a year ago. Net income was KRW 1,040.79 million compared to KRW 1,231.2 million a year ago. Basic earnings per share from continuing operations was KRW 18 compared to KRW 26 a year ago. Diluted earnings per share from continuing operations was KRW 18 compared to KRW 26 a year ago. Basic earnings per share was KRW 18 compared to KRW 26 a year ago.
For the nine months, sales was KRW 1,101.82 million compared to KRW 1.56 million a year ago. Net income was KRW 749.41 million compared to KRW 1,032.06 million a year ago. Basic earnings per share from continuing operations was KRW 14 compared to KRW 24 a year ago. Diluted earnings per share from continuing operations was KRW 14 compared to KRW 24 a year ago. Basic earnings per share was KRW 14 compared to KRW 24 a year ago.
N CITRON, INC., formerly NEOFIDELITY, INC. is a Korea-based company engaged in the manufacture and sale of full digital audio amplifier solution products. The Company produces digital audio amplifier chips, including NTP-7XXX series, NTP-3XXX series, NTP-2XXX series and NSP series for flat panel display (FPD) televisions (TVs), desktop audios, monitor TVs, home theaters and other digital products. The Company distributes its products within domestic market and to overseas markets, including Taiwan, Japan and China. The Company has one Hong Kong-based subsidiary, NF Industries Company Limited.