Taihan Fiber Optics Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:41 am EDT
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Taihan Fiber Optics Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 90.06 million compared to KRW 21.02 million a year ago. Net loss was KRW 4,384.56 million compared to KRW 728.91 million a year ago. Basic loss per share from continuing operations was KRW 59 compared to KRW 10 a year ago. Diluted loss per share from continuing operations was KRW 59 compared to KRW 10 a year ago. Basic loss per share was KRW 59 compared to KRW 10 a year ago.
For the six months, sales was KRW 52.56 million compared to KRW 81.59 million a year ago. Net loss was KRW 724.99 million compared to KRW 2,322.23 million a year ago. Basic loss per share from continuing operations was KRW 10 compared to KRW 31 a year ago. Diluted loss per share from continuing operations was KRW 10 compared to KRW 31 a year ago. Basic loss per share was KRW 10 compared to KRW 31 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 
