NewFlex Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 06:01 am
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NewFlex Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 298.19 million compared to KRW 247.39 million a year ago. Net income was KRW 7,376.54 million compared to net loss of KRW 1,132.65 million a year ago. Basic earnings per share from continuing operations was KRW 305 compared to basic loss per share from continuing operations of KRW 52 a year ago. Diluted earnings per share from continuing operations was KRW 304. Basic earnings per share was KRW 305 compared to basic loss per share of KRW 52 a year ago. Diluted earnings per share was KRW 304.
NewFlex Technology Co Ltd is a Korea-based company engaged in the manufacture of flexible printed circuit boards (FPCBs) business. The Company's product portfolio consists of FPCBs and metal PCBs (MPCBs). Its FPCBs include single-side FPCBs, double-side FPCBs, multilayer FPCBs, rigid FPCBs, build up PCBs and inner via hole (IVH) PCBs. The Companyâs products are used in cameras, laptops, mobile phones, liquid crystal displays (LCDs), light emitting diodes (LEDs), televisions (TVs) and others. The Company distributes its products within domestic market and to overseas markets. The Company also involves in the real estate rental business.