NEXTURNBIOSCIENCE Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 11:14 am IST
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NEXTURNBIOSCIENCE Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 96.18 million compared to KRW 32.97 million a year ago. Net loss was KRW 2,747.73 million compared to KRW 1,508.38 million a year ago.
For the nine months, sales was KRW 158.48 million compared to KRW 90.68 million a year ago. Net income was KRW 547.54 million compared to net loss of KRW 5,899.96 million a year ago.
NexturnBioScience Co Ltd, formerly Nexturn Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of computer numerical control (CNC) automatic lathes. The Company's products are used for automobile parts such as engine parts, steering devices, wipers and others, marine engine parts, medical devices and implants, communication equipment such as mobile phones, digital multimedia broadcasting (DMB) devices and others, electronic components such as liquid crystal display (LCD), copier, printer and others, hydraulic and pneumatic parts, among others. It also provides related parts, after-sales service.