LOT VACUUM Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 07:52 am
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LOT VACUUM Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 321.86 million compared to KRW 277.34 million a year ago. Net income was KRW 4,407.08 million compared to KRW 9,957.04 million a year ago. Basic earnings per share from continuing operations was KRW 265 compared to KRW 568 a year ago. Basic earnings per share was KRW 265 compared to KRW 568 a year ago.
LOT VACUUM Co., Ltd. is a Korea-based manufacturer principally engaged in the provision of dry vacuum pumps for semiconductor manufacturing. The Company manufactures and sells dry vacuum pumps which are used to maintain the vacuum state without oil, used in manufacturing of semiconductors, displays, solar cells and others. It also distributes high vacuum turbo pumps for semiconductor manufacturing. The Company also provides equipment-related after-sale services including maintenance and repair services. The Company distributes its products within the domestic market and to the overseas markets. On September 30, 2013, it established a new wholly owned subsidiary in China, engaged in the sale and repair of vacuum pump for semiconductor.