PI Advanced Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 10.92 million compared to KRW 19.56 million a year ago. Net income was KRW 11,862.56 million compared to KRW 16,249.69 million a year ago. Basic earnings per share from continuing operations was KRW 404 compared to KRW 553 a year ago. Basic earnings per share was KRW 404 compared to KRW 553 a year ago.