Vidente Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:28 am EST
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Vidente 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 775.27 million compared to negative sales of KRW 695.93 million a year ago. Net income was KRW 42,348.09 million compared to KRW 7,910.58 million a year ago. Basic earnings per share from continuing operations was KRW 927 compared to KRW 232 a year ago. Diluted earnings per share from continuing operations was KRW 723 compared to KRW 228 a year ago. Basic earnings per share was KRW 927 compared to KRW 232 a year ago. Diluted earnings per share was KRW 723 compared to KRW 228 a year ago.
For the nine months, sales was KRW 1,575.05 million compared to negative sales of KRW 4,258.85 million a year ago. Net income was KRW 179,819.91 million compared to KRW 19,533.36 million a year ago. Basic earnings per share from continuing operations was KRW 3,938 compared to KRW 574 a year ago. Diluted earnings per share from continuing operations was KRW 3,340 compared to KRW 477 a year ago. Basic earnings per share was KRW 3,938 compared to KRW 574 a year ago. Diluted earnings per share was KRW 3,340 compared to KRW 477 a year ago.
Vidente Co., Ltd., formerly Seven Star Works Co., Ltd., is a Korea-based company mainly engaged in the manufacturing and marketing of high definition (HD) video equipment for digital broadcast. The Companyâs products portfolio consists of viewfinder monitors, color critical liquid crystal display (LCD) monitors, multi-format monitors, quad-screen monitors, digital visual interface (DVI) and high definition multimedia interface (HDMI) monitors, rack monitors, organic light emitting diode (OLED) monitors, three dimensional (3D) monitors, wall monitors and others. The Company distributes its products within domestic market and to overseas markets, including Germany, Russia, India, Egypt and others. In addition, it engages in the real estate rental business.