VT Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:29 am EDT
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VT Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 74,694.47 million compared to KRW 57,224.89 million a year ago. Net income was KRW 5,085.53 million compared to KRW 2,269.02 million a year ago. Basic earnings per share from continuing operations was KRW 154 compared to KRW 69 a year ago. Diluted earnings per share from continuing operations was KRW 154 compared to KRW 69 a year ago. Basic earnings per share was KRW 154 compared to KRW 69 a year ago.
For the six months, sales was KRW 2,521.97 million compared to KRW 2,370.95 million a year ago. Net income was KRW 6,063.84 million compared to KRW 9,280.86 million a year ago. Basic earnings per share from continuing operations was KRW 184 compared to KRW 282 a year ago. Diluted earnings per share from continuing operations was KRW 184 compared to KRW 282 a year ago. Basic earnings per share was KRW 184 compared to KRW 282 a year ago.
VT Co Ltd, formerly VT GMP Co Ltd, is a Korea-based company mainly engaged in the manufacture and sale of cosmetics. The Company operates its business through four segments. The Cosmetics segment manufactures and sells cosmetics. The Laminating segment produces laminating machines and films. The Electric Vehicle and Secondary Battery segment produces lithium-sulfur batteries and lithium-sulfur solid-state batteries. The Hydrogen Fuel Cell Power Generation segment produces hydrogen fuel cell parts and produces and supplies hydrogen energy. In addition, the Company provides entertainment-related products and services to consumers.
VT CO., LTD. 
