EV Advanced Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 06:34 am
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EV Advanced Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 10.5 million compared to negative sales of KRW 0.00021 million a year ago. Net loss was KRW 107.32 million compared to net income of KRW 9,268.2 million a year ago.
Basic loss per share from continuing operations was KRW 4 compared to basic earnings per share from continuing operations of KRW 428 a year ago. Diluted loss per share from continuing operations was KRW 4 compared to diluted earnings per share from continuing operations of KRW 428 a year ago. Basic loss per share was KRW 4 compared to basic earnings per share of KRW 856 a year ago.
EV Advanced Material Co Ltd, formerly Act Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of flexible printed circuit boards (FPCBs). The Companyâs products include single side FPCBs, double side FPCBs, double access FPCBs, multi FPCBs and rigid FPCBs. The Companyâs products are used in mobile phones, tablet personal computers (PCs), transport stream processor (TSP) modules, plasma display panel (PDP) modules, liquid crystal display (LCD) modules, camera modules, televisions and others. The Company sells its products in domestic and overseas markets such as China, Japan, and Europe.
EV ADVANCED MATERIAL CO.,LTD 
