VT GMP Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:30 am EDT
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VT GMP 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 57,224.89 million compared to KRW 51,278.34 million a year ago. Net income was KRW 2,269.02 million compared to KRW 5,483.58 million a year ago. Basic earnings per share from continuing operations was KRW 69 compared to KRW 168 a year ago. Diluted earnings per share from continuing operations was KRW 69 compared to KRW 168 a year ago. Basic earnings per share was KRW 69 compared to KRW 168 a year ago.
For the six months, sales was KRW 2,370.95 million compared to KRW 867.5 million a year ago. Net income was KRW 9,280.86 million compared to KRW 13,943.43 million a year ago. Basic earnings per share from continuing operations was KRW 282 compared to KRW 429 a year ago. Diluted earnings per share from continuing operations was KRW 282 compared to KRW 429 a year ago. Basic earnings per share was KRW 282 compared to KRW 429 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.