UPDATED. 2024-07-19 07:49 (금)
Dong A Eltek records loss in Q1
Dong A Eltek records loss in Q1
  • Gijong Lee
  • 승인 2021.05.17 17:37
  • 댓글 0
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Sales jumps 145%
Image: Dong A Eltek
Image: Dong A Eltek

Display inspection equipment maker Dong A Eltek recorded 2.3 billion won in operating loss in the first quarter.

It recorded sales of 53.9 billion won, a jump of 145% from a year prior, however.

The company said major sales came from inspection equipment for mobile and TV OLED panels.

Dong A Eltek was seeing customers ship more OLED panels. Customers’ delayed spending plan has now returned on track which helped the sales increase.

The operating loss from increased traveling expenses and a temporary increase in costs, the firm said.

Dong A Eltek said it expected to return to profitability in the second quarter from improved conditions of the OLED market.

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