Lumens Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 08:16 pm EST
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Lumens 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 47,312.02 million compared to KRW 39,548.07 million a year ago. Net income was KRW 2,040.09 million compared to KRW 3,114.19 million a year ago. Basic earnings per share from continuing operations was KRW 43 compared to KRW 66 a year ago. Diluted earnings per share from continuing operations was KRW 43 compared to KRW 66 a year ago. Basic earnings per share was KRW 43 compared to KRW 66 a year ago.
For the nine months, sales was KRW 595.88 million compared to KRW 149.66 million a year ago. Net income was KRW 6,339.95 million compared to KRW 24,110.22 million a year ago. Basic earnings per share from continuing operations was KRW 135 compared to KRW 513 a year ago. Diluted earnings per share from continuing operations was KRW 135 compared to KRW 513 a year ago. Basic earnings per share was KRW 135 compared to KRW 513 a year ago.
Lumens Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of light emitting diode (LED) products. The Company operates its business through two business divisions: LED division and communication division. Its LED division provides LEDs and LED modules used for liquid crystal display (LCD) back light units (BLUs), spot lightings, street lightings, factory lightings, automobiles, mobile phones and others. It communication division provides military and civilian communications equipment, such as mobile radio frequency modules (MRFMs), base station radio frequency modules (BRFMs), radio access units (RAUs) and others. The Company distributes its LED products within domestic market and to overseas markets.
LUMENS CO., LTD. 