NuriFlex Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 05:59 am
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NuriFlex Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 339.87 million compared to KRW 314.78 million a year ago. Net income was KRW 5,191.03 million compared to KRW 2,077.27 million a year ago.
Basic earnings per share from continuing operations was KRW 459 compared to KRW 184 a year ago. Diluted earnings per share from continuing operations was KRW 420 compared to KRW 184 a year ago. Basic earnings per share was KRW 459 compared to KRW 184 a year ago.
NuriFlex Co Ltd, formerly Nuri Telecom Co Ltd, is a Korea-based company principally engaged in the advanced metering infrastructure (AMI) business. The Company operates its business through four segments. The Electric Power Internet of Things (IoT) Business segment is engaged in the development and supply of AMI solutions. The Public IoT Business segment is engaged in green new deals business such as microgrid, energy efficiency and smart city, among others. The Industrial IoT Business segment provides barcode and radio frequency identification (RFID) system solutions related to logistics automation systems. The Other segment provides network application system (NAS) center.