GCS Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 01, 2022
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GCS Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 339.76 million compared to TWD 307.56 million a year ago. Net loss was TWD 152.46 million compared to TWD 45.2 million a year ago. Basic loss per share from continuing operations was TWD 1.39 compared to TWD 0.5 a year ago.
For the six months, sales was TWD 637.24 million compared to TWD 608.86 million a year ago. Net loss was TWD 323.13 million compared to TWD 133.39 million a year ago. Basic loss per share from continuing operations was TWD 2.94 compared to TWD 1.49 a year ago. Diluted loss per share from continuing operations was TWD 2.94 compared to TWD 1.49 a year ago.
GCS Holdings, Inc. is a Cayman Islands-based holding company of Global Communication Semiconductors, LLC (GCS LLC). The Company through its subsidiaries, develops, manufactures, markets, sells integrated circuits chips. It provides foundry services to integrated device manufacturers and fabless design houses, targeting wireless, power electronics, optoelectronics, and telecommunication markets. The GCS LLC provides pure-play foundry services for III-V compound semiconductor radio frequency integrated circuits, power electronics and optoelectronics (the foundry service business), as well as manufactures and markets compound semiconductor optical wafers and chips under its own brand (the component business). The GCS LLC's customers are primarily United State-based integrated device manufacturers (IDMs) and fabless design houses. The optoelectronic products from GCS LLC's component business are sold to distributors and electronic device manufacturers based in China and Taiwan.
GCS HOLDINGS, INC. 
