Advanced Nano Products Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 03:32 am EST
Share
Advanced Nano Products Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 16,291.64 million compared to KRW 11,920.9 million a year ago. Net income was KRW 2,735.63 million compared to net loss of KRW 59.7 million a year ago. Basic earnings per share from continuing operations was KRW 259 compared to basic loss per share from continuing operations of KRW 6 a year ago. Basic earnings per share was KRW 259 compared to basic loss per share of KRW 6 a year ago.
For the nine months, sales was KRW 45,566.97 million compared to KRW 34,118.46 million a year ago. Net income was KRW 6,233.62 million compared to KRW 1,057.12 million a year ago. Basic earnings per share from continuing operations was KRW 590 compared to KRW 100 a year ago. Basic earnings per share was KRW 590 compared to KRW 100 a year ago.
Advanced Nano Products Co., Ltd. is a Korea-based company mainly engaged in the manufacturing of nano materials. The Company's product portfolio consists of indium tin oxides (ITOs), indium gallium zinc oxide (IGZO) sputtering targets, ITO tablets, zinc oxide (ZnO) sputtering targets, silver pastes, transparent ray blocker (TRB) pastes, silver jet inks, chemical-mechanical planarization (CMP) slurries and others. Its products are used as materials for displays, solar cells, semiconductors, functional materials, printed electronics and others. The Company distributes its products within domestic market and to overseas markets, including Japan, Taiwan, Europe and others.