VITZROCELL Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 08:25 am
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VITZROCELL Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 109.49 million compared to KRW 98.2 million a year ago. Net income was KRW 3,782.69 million compared to KRW 5,289.85 million a year ago. Basic earnings per share from continuing operations was KRW 177 compared to KRW 246 a year ago. Basic earnings per share was KRW 177 compared to KRW 246 a year ago.
Vitzrocell Co Ltd is a Korea-based company engaged in the manufacture and sale of lithium batteries. The Company's products include lithium thionyl chloride (Li/SOCl2) bobbin type for memory backups and digital meters; Li/SOCl2 wound type for communication equipment, asset tracking equipment and global positioning systems (GPSs); Li/SOCl2 hybrid type for radio frequency identification (RFID) devices, asset tracking equipment and digital meters; lithium-manganese dioxide (Li-MnO2) type for cameras and security devices, as well as Li-SOCl2 reserve type for military utilities such as guided weapons. The Company provides its products under the brand name of Tekcell. The Company distributes its products in domestic and overseas markets.