66%↑ Compared to Previous Quarter
"Increase in Sales of Automobiles, Industry, and Medical Devices"
DB HiTek announced on the 1st that it recorded consolidated sales of 298.9 billion KRW and an operating profit of 68.3 billion KRW for the second quarter. Sales and operating profit decreased by 3.22% and 24.09% respectively compared to the same period last year, but increased by 14% and 66% respectively compared to the previous quarter. The operating profit margin was 23%.
DB HiTek explained, "There was an increase in sales in automobiles, industrial, and medical devices."
It added, "While preparing for the future by expanding the proportion of high-growth and high-value-added products such as high-power semiconductors and specialized image sensors, we plan to maximize profits through active cost reduction."
Meanwhile, DB HiTek plans to hold a second-quarter investor briefing session for domestic institutional investors until the 5th.
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