DB HiTek, Q3 Earnings 'Record High'... Sales Reach 328.4 Billion Won
[Asia Economy Reporter Jeong Dong-hoon] Semiconductor foundry company DB HiTek recorded its highest-ever performance in the third quarter. The improvement in profitability due to semiconductor supply shortages was evaluated positively for the results.
DB HiTek announced on the 12th that it recorded sales of 328.4 billion KRW and operating profit of 119 billion KRW in the third quarter of this year. Compared to the same period last year, sales and operating profit increased by 36% and 77%, respectively.
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DB HiTek's sales and operating profit in the third quarter of this year are the largest ever on a quarterly basis. The operating profit margin also set a new record at 36%.
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