VT Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 01:33 am EST
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VT 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 84,105.92 million compared to KRW 53,553.8 million a year ago. Net income was KRW 7,933.23 million compared to KRW 2,179.31 million a year ago. Basic earnings per share from continuing operations was KRW 233 compared to KRW 68 a year ago. Diluted earnings per share from continuing operations was KRW 233 compared to KRW 68 a year ago. Basic earnings per share was KRW 233 compared to KRW 68 a year ago.
For the nine months, sales was KRW 3,951.35 million compared to KRW 3,761.68 million a year ago. Net income was KRW 13,997.07 million compared to KRW 11,460.16 million a year ago. Basic earnings per share from continuing operations was KRW 417 compared to KRW 350 a year ago. Diluted earnings per share from continuing operations was KRW 417 compared to KRW 350 a year ago. Basic earnings per share was KRW 417 compared to KRW 350 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.