NewFlex Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 07:18 am
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NewFlex Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 48,813.1 million compared to KRW 50,974.7 million a year ago. Net income was KRW 3,357.44 million compared to KRW 2,228.07 million a year ago. Basic earnings per share from continuing operations was KRW 143 compared to KRW 105 a year ago. Diluted earnings per share from continuing operations was KRW 143 compared to KRW 105 a year ago. Basic earnings per share was KRW 143 compared to KRW 105 a year ago.
For the nine months, sales was KRW 680.11 million compared to KRW 807.21 million a year ago. Net income was KRW 1,205.14 million compared to net loss of KRW 5,156.64 million a year ago. Basic earnings per share from continuing operations was KRW 54 compared to basic loss per share from continuing operations of KRW 244 a year ago. Diluted earnings per share from continuing operations was KRW 54 compared to diluted loss per share from continuing operations of KRW 244 a year ago. Basic earnings per share was KRW 54 compared to basic loss per share of KRW 244 a year ago.
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.