Dong A Eltek Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:06 am EST
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Dong A Eltek Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 162.44 million compared to KRW 212.64 million a year ago. Net loss was KRW 18,978.21 million compared to KRW 3,845.94 million a year ago. Basic loss per share from continuing operations was KRW 1,926 compared to KRW 390 a year ago. Diluted loss per share from continuing operations was KRW 1,926 compared to KRW 390 a year ago. Basic loss per share was KRW 1,926 compared to KRW 390 a year ago.
For the nine months, sales was KRW 1,137.98 million compared to KRW 584.6 million a year ago. Net loss was KRW 23,285.01 million compared to net income of KRW 675.9 million a year ago. Basic loss per share from continuing operations was KRW 2,363 compared to basic earnings per share from continuing operations of KRW 69 a year ago. Diluted loss per share from continuing operations was KRW 2,363 compared to diluted earnings per share from continuing operations of KRW 69 a year ago. Basic loss per share was KRW 2,363 compared to basic earnings per share of KRW 69 a year ago.
DONG A ELTEK Co., Ltd is a Korea-based company engaged in the provision of display test equipment and organic light emitting diode (OLED) equipment together with its subsidiary. The Companyâs display test equipment consists of aging systems, such as in line aging systems, room type thin film transistor liquid crystal display (TFT LCD) aging systems, central nervous system (CNS) aging systems and lamp lifetime test equipment; test equipment, such as pattern generators, portable test equipment, TFT LCD printed circuit board (PCB) bonding test equipment and limit sample display systems; OLED panel aging systems, as well as communication application parts and others. It also produces OLED vacuum metalizing equipment.