Taihan Fiber Optics Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:11 am EDT
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Taihan Fiber Optics Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 47,395.06 million compared to KRW 50,347.29 million a year ago. Net loss was KRW 728.91 million compared to KRW 108.58 million a year ago. Basic loss per share from continuing operations was KRW 10 compared to KRW 1 a year ago. Diluted loss per share from continuing operations was KRW 10 compared to KRW 1 a year ago. Basic loss per share was KRW 10 compared to KRW 1 a year ago.
For the six months, sales was KRW 81.59 million compared to KRW 978.22 million a year ago. Net loss was KRW 2,322.23 million compared to KRW 4,975.44 million a year ago. Basic loss per share from continuing operations was KRW 31 compared to KRW 67 a year ago. Diluted loss per share from continuing operations was KRW 31 compared to KRW 67 a year ago. Basic loss per share was KRW 31 compared to KRW 67 a year ago.
TAIHAN Fiberoptics Co., Ltd is a Korea-based company mainly engaged in the manufacture and distribution of optical fibers and optical cables. The Company operates its business through two divisions: optical fiber division and optical cable division. Its optical fiber division mainly engages in the manufacturing of optical fibers and stainless steel loose tube (SSLT) cables used for optical communication cables and optical power ground wires (OPGWs). Its optical cable division engages in the manufacture and distribution of optical cables and OPGWs used in communication and electric power areas. The Company distributes its products within domestic market and to overseas markets.
TAIHAN FIBER OPTICS CO., LTD 
