KODI CO., LTD Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 10:11 pm EDT
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KODI CO., LTD reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 162.47 million compared to negative sales of KRW 0.00011 million a year ago. Net loss was KRW 738.95 million compared to KRW 1,193.45 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 29 a year ago. Basic loss per share was KRW 26 compared to KRW 42 a year ago.
For the six months, sales was KRW 454.63 million compared to negative sales of KRW 0.00015 million a year ago. Net loss was KRW 1,532.32 million compared to KRW 3,633.01 million a year ago. Basic loss per share from continuing operations was KRW 54 compared to KRW 94 a year ago. Basic loss per share was KRW 54 compared to KRW 129 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.