Shinsung Delta Tech Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 08:57 am
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Shinsung Delta Tech Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 18,476.33 million compared to KRW 13,635.14 million a year ago. Net income was KRW 7,242.17 million compared to KRW 7,583.58 million a year ago.
Basic earnings per share from continuing operations was KRW 268 compared to KRW 281 a year ago. Basic earnings per share was KRW 268 compared to KRW 281 a year ago.
SHINSUNG DELTA TECH CO.,LTD. is a Korea-based company engaged in the manufacture of mold products. The Company operates in three divisions: home appliance, information technology (IT) and automobile. The home appliance division provides washing machine parts such as control panel assemblies, drum motor assemblies, outer tub assemblies, top cover assemblies, front panel assemblies and others, as well as air conditioner parts such as front grille assemblies, front panel assemblies, propeller fan assemblies and others. The IT division provides mobile phone parts such as sub window in-mold products, main window sheets and others, as well as liquid crystal display (LCD) parts such as light guide panels. The automobile division offers engine parts, interior and exterior parts, air conditioner parts, and electronics parts for automobiles. Its main client is LG Electronics.