KODI CO., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:40 am EST
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KODI CO., LTD reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 1.68 million compared to KRW 6.34 million a year ago. Net loss was KRW 785.55 million compared to KRW 1,631.8 million a year ago. Basic loss per share from continuing operations was KRW 29 compared to KRW 69 a year ago. Diluted loss per share from continuing operations was KRW 29 compared to KRW 69 a year ago. Basic loss per share was KRW 29 compared to KRW 69 a year ago.
For the nine months, sales was KRW 3.73 million compared to KRW 53.77 million a year ago. Net loss was KRW 1,444.53 million compared to KRW 352.92 million a year ago. Basic loss per share from continuing operations was KRW 57 compared to KRW 19 a year ago. Diluted loss per share from continuing operations was KRW 57 compared to KRW 19 a year ago. Basic loss per share was KRW 57 compared to KRW 19 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.