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Seoul Viosys Reports Record-High Second Quarter 2021 Results

Seoul Viosys Co., Ltd. (“Seoul”) (KOSDAQ 092190), a leading global compound semiconductor provider, reported its all-time high second quarter earnings results 2021 with revenues of KRW 131.6 billion and operating profit of KRW 11.2 billion (operating margin of 8.5%) on a consolidated basis. Second quarter consolidated revenue and operating profit increased by 27% YoY and by 84% YoY respectively. Second quarter net profit increased by 41% YoY reaching KRW 9.1 billion while 2021 first half net profit already exceeded 2020 yearly profit KRW 19.6 billion. The company suggests sales are expected to continue further growth, increasing by 7% to 16%…
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