TOVIS Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2022
March 19, 2023 at 10:14 pm EDT
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TOVIS Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was KRW 11,702.5 million compared to KRW 28,311.08 million a year ago. Net loss was KRW 4,984.88 million compared to net income of KRW 1,261.75 million a year ago.
Basic loss per share from continuing operations was KRW 323 compared to basic earnings per share from continuing operations of KRW 82 a year ago. Basic loss per share was KRW 323 compared to basic earnings per share of KRW 82 a year ago.
TOVIS Co.,LTD is a Korea-based Company mainly engaged in the manufacture of thin film transistor-liquid crystal display (TFT-LCD) modules. The Company provides three categories of products: TFT-LCD modules, which are used in cell phones, portable multimedia players (PMPs), digital multimedia broadcasting (DMB) televisions (TVs), digital cameras and others; industrial monitors, which are used in casino gaming monitors, public information displays, medical equipment and others, and touch panels, which are used for mobile phones, personal digital assistants (PDAs), navigations and others. It distributes its products within domestic market and to overseas markets. On February 26, 2013, the Company merged with HOYAHTECH CO. LTD., a Korea-based company mainly engaged in the development, manufacturing and sales of touch panel and tempered glass.
TOVIS CO.,LTD 
