EV Advanced Material Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:17 am
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EV Advanced Material Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 266.78 million compared to KRW 153.86 million a year ago. Net income was KRW 671.42 million compared to KRW 2,795.03 million a year ago. Basic earnings per share from continuing operations was KRW 11 compared to KRW 98 a year ago. Diluted earnings per share from continuing operations was KRW 14 compared to KRW 98 a year ago. Basic earnings per share was KRW 11 compared to KRW 98 a year ago. Diluted earnings per share was KRW 14.
For the nine months, sales was KRW 689.68 million compared to KRW 241.56 million a year ago. Net income was KRW 10,235.67 million compared to net loss of KRW 8,127.99 million a year ago. Basic earnings per share from continuing operations was KRW 202 compared to basic loss per share from continuing operations of KRW 310 a year ago. Diluted earnings per share from continuing operations was KRW 193 compared to diluted loss per share from continuing operations of KRW 310 a year ago. Basic earnings per share was KRW 202 compared to basic loss per share of KRW 310 a year ago. Diluted earnings per share was KRW 193.
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 