Aroot Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:03 am EST
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Aroot Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 16,711.17 million compared to KRW 11,198.59 million a year ago. Net income was KRW 2,863.08 million compared to net loss of KRW 79,473.83 million a year ago. Basic earnings per share from continuing operations was KRW 17 compared to basic loss per share from continuing operations of KRW 577 a year ago. Diluted earnings per share from continuing operations was KRW 17 compared to diluted loss per share from continuing operations of KRW 577 a year ago. Basic earnings per share was KRW 17 compared to basic loss per share of KRW 557 a year ago.
For the nine months, sales was KRW 48,295.93 million compared to KRW 31,808.54 million a year ago. Net income was KRW 4,682.84 million compared to net loss of KRW 96,513.21 million a year ago. Basic earnings per share from continuing operations was KRW 29 compared to basic loss per share from continuing operations of KRW 990 a year ago. Diluted earnings per share from continuing operations was KRW 23 compared to diluted loss per share from continuing operations of KRW 990 a year ago. Basic earnings per share was KRW 29 compared to basic loss per share of KRW 990 a year ago. Diluted earnings per share was KRW 23.
ARoot Co Ltd, formerly J Stephen Lab Ltd, is a Korea-based company engaged in the manufacturing and sale of mini printers. The Company operates its business through three main segments. The Mini Printer Business segment manufactures and sells point of sale (POS) printers, which are used for receipts output, tickets issuing and lotteries output in department stores, hotels and restaurants; label printers, which are used in plants and distribution centers; mobile printers used for parking management, delivery-related industrials and sticker output, as well as printer mechanisms, which are used for credit card terminals, parking systems, kiosk banking systems and POS systems. The Distribution Business segment sells products such as bags and watches. The Electric Equipment Business segment is engaged in the manufacturing of power supply apparatuses and power converters.
AROOT CO., LTD. 