Taihan Fiber Optics Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:29 am EST
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Taihan Fiber Optics 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 1,490.83 million compared to KRW 3,200.87 million a year ago. Net loss was KRW 10,991.36 million compared to KRW 871.54 million a year ago. Basic loss per share from continuing operations was KRW 148 compared to KRW 12 a year ago. Diluted loss per share from continuing operations was KRW 148 compared to KRW 12 a year ago. Basic loss per share was KRW 148 compared to KRW 12 a year ago.
For the nine months, sales was KRW 1,543.39 million compared to KRW 3,282.46 million a year ago. Net loss was KRW 11,716.35 million compared to KRW 3,193.77 million a year ago. Basic loss per share from continuing operations was KRW 157 compared to KRW 43 a year ago. Diluted loss per share from continuing operations was KRW 157 compared to KRW 43 a year ago. Basic loss per share was KRW 157 compared to KRW 43 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 
