KODI CO., LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 04:30 am EDT
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KODI CO., LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 1.56 million compared to KRW 0.76623 million a year ago. Net loss was KRW 2,439.56 million compared to net income of KRW 256.24 million a year ago. Basic loss per share from continuing operations was KRW 87 compared to basic earnings per share from continuing operations of KRW 10 a year ago. Basic loss per share was KRW 87 compared to basic earnings per share of KRW 10 a year ago.
KODI Co.,LTD., formerly KODI-S CO.,LTD. is a Korea-based company principally engaged in the manufacturing of semiconductor testing equipment. The Company operates its business under two segments: display segment and energy segment. Its display segment mainly produces probe units and probe cards used for testing thin film transistor liquid crystal displays (TFT-LCDs), light emitting diodes (LEDs) and semiconductors, and organic light emitting diodes (OLEDs) manufacturing equipment. Its energy segment produces chargers, batteries and battery management systems (BMSs) for electrical vehicles, industrial vehicles, bicycles, autonomous guided vehicles (AGVs) and others. The Company mainly supplies its products to domestic market.