VT GMP Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:03 pm IST
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VT GMP 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 53,553.8 million compared to KRW 47,517.16 million a year ago. Net income was KRW 2,179.31 million compared to KRW 5,392.45 million a year ago. Basic earnings per share from continuing operations was KRW 68 compared to KRW 164 a year ago. Diluted earnings per share from continuing operations was KRW 68 compared to KRW 164 a year ago. Basic earnings per share was KRW 68 compared to KRW 164 a year ago.
For the nine months, sales was KRW 3,761.68 million compared to KRW 376.07 million a year ago. Net income was KRW 11,460.16 million compared to KRW 19,335.89 million a year ago. Basic earnings per share from continuing operations was KRW 350 compared to KRW 593 a year ago. Diluted earnings per share from continuing operations was KRW 350 compared to KRW 593 a year ago. Basic earnings per share was KRW 350 compared to KRW 593 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.