NewFlex Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 11:28 am IST
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NewFlex Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 63,302 million compared to KRW 31,327.6 million a year ago. Net income was KRW 5,951.03 million compared to net loss of KRW 1,019.65 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 46 a year ago. Diluted earnings per share from continuing operations was KRW 246 compared to diluted loss per share from continuing operations of KRW 46 a year ago. Basic earnings per share was KRW 246 compared to basic loss per share of KRW 46 a year ago.
For the six months, sales was KRW 498.42 million compared to KRW 441.49 million a year ago. Net income was KRW 13,327.56 million compared to net loss of KRW 2,152.3 million a year ago. Basic earnings per share from continuing operations was KRW 551 compared to basic loss per share from continuing operations of KRW 98 a year ago. Diluted earnings per share from continuing operations was KRW 550 compared to diluted loss per share from continuing operations of KRW 98 a year ago. Basic earnings per share was KRW 551 compared to basic loss per share of KRW 98 a year ago. Diluted earnings per share was KRW 550.
NewFlex Technology Co Ltd is a Korea-based company engaged in the manufacture of flexible printed circuit boards (FPCBs) business. The Company's product portfolio consists of FPCBs and metal PCBs (MPCBs). Its FPCBs include single-side FPCBs, double-side FPCBs, multilayer FPCBs, rigid FPCBs, build up PCBs and inner via hole (IVH) PCBs. The Companyâs products are used in cameras, laptops, mobile phones, liquid crystal displays (LCDs), light emitting diodes (LEDs), televisions (TVs) and others. The Company distributes its products within domestic market and to overseas markets. The Company also involves in the real estate rental business.
NEWFLEX TECHNOLOGY CO., LTD. 
