Seoul Semiconductor Recovers Quarterly Sales of 300 Billion KRW After 2 Years... "Guidance Met"

Provisional Sales of 302.3 Billion KRW on a Consolidated Basis

Global optoelectronics semiconductor specialist Seoul Semiconductor announced on the 11th that its provisional consolidated sales for the third quarter of this year reached 302.3 billion KRW. This represents a 7% increase compared to both the same period last year and the previous quarter.

Seoul Semiconductor stated, "We met the third quarter sales guidance (290 billion to 310 billion KRW)" and "Recovered quarterly sales of 300 billion KRW for the first time in two years."

Operating profit was not disclosed.

Seoul Semiconductor plans to release a detailed analysis of the third quarter performance and sales outlook for the fourth quarter along with the earnings announcement next month.