VT GMP Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 09:30 am IST
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VT GMP Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 975.71 million compared to KRW 410.05 million a year ago. Net income was KRW 7,011.83 million compared to KRW 8,459.85 million a year ago. Basic earnings per share from continuing operations was KRW 213 compared to KRW 261 a year ago. Basic earnings per share was KRW 213 compared to KRW 261 a year ago.
VT Co Ltd, formerly VT GMP Co Ltd, is a Korea-based company mainly engaged in the manufacture and sale of cosmetics. The Company operates its business through four segments. The Cosmetics segment manufactures and sells cosmetics. The Laminating segment produces laminating machines and films. The Electric Vehicle and Secondary Battery segment produces lithium-sulfur batteries and lithium-sulfur solid-state batteries. The Hydrogen Fuel Cell Power Generation segment produces hydrogen fuel cell parts and produces and supplies hydrogen energy. In addition, the Company provides entertainment-related products and services to consumers.