Tokai Carbon Korea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 06:25 am IST
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Tokai Carbon Korea 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 53.32 million compared to KRW 28.39 million a year ago. Net income was KRW 21,078.78 million compared to KRW 15,818.75 million a year ago. Basic earnings per share from continuing operations was KRW 1,805 compared to KRW 1,354 a year ago. Basic earnings per share was KRW 1,805 compared to KRW 1,354 a year ago.
For the nine months, sales was KRW 124.12 million compared to KRW 175.24 million a year ago. Net income was KRW 61,212.36 million compared to KRW 45,929.57 million a year ago. Basic earnings per share from continuing operations was KRW 5,243 compared to KRW 3,934 a year ago. Basic earnings per share was KRW 5,243 compared to KRW 3,934 a year ago.
Tokai Carbon Korea Co Ltd is a Korea-based company mainly engaged in the manufacturing and distribution of carbon products. The Company's product portfolio consists of silicon wafers and semiconductor materials. The Company's silicon wafers include high purified graphite for semiconductors and solar batteries, and silicon carbide (SiC) coated products and semiconductor materials. Its semiconductor materials include SiC wafers, wafer carriers, carbon and carbon composites, glassy carbons and silicon cathode electrodes. The Company also imports and sells heat exchangers and heaters. The Company distributes its products within domestic market and to overseas markets.