KODI CO., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:33 am EST
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KODI CO., LTD reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 51.4 million compared to negative sales of KRW 42.33 million a year ago. Net income was KRW 2,564.4 million compared to net loss of KRW 1,762 million a year ago. Basic earnings per share from continuing operations was KRW 90 compared to basic loss per share from continuing operations of KRW 57 a year ago. Diluted earnings per share from continuing operations was KRW 90. Basic earnings per share was KRW 90 compared to basic loss per share of KRW 63 a year ago.
For the nine months, sales was KRW 506.03 million compared to negative sales of KRW 0.00023 million a year ago. Net income was KRW 1,032.08 million compared to net loss of KRW 5,395.02 million a year ago. Basic earnings per share from continuing operations was KRW 36 compared to basic loss per share from continuing operations of KRW 151 a year ago. Diluted earnings per share from continuing operations was KRW 36 compared to diluted loss per share from continuing operations of KRW 151 a year ago. Basic earnings per share was KRW 36 compared to basic loss per share of KRW 192 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.