GCS Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 27, 2023
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GCS Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 322.23 million compared to TWD 339.76 million a year ago. Net loss was TWD 265.99 million compared to TWD 152.46 million a year ago. Basic loss per share from continuing operations was TWD 2.41 compared to TWD 1.39 a year ago. Diluted loss per share from continuing operations was TWD 2.41 compared to TWD 1.39 a year ago. Basic loss per share was TWD 2.41 compared to TWD 1.39 a year ago. Diluted loss per share was TWD 2.41 compared to TWD 1.39 a year ago.
For the six months, sales was TWD 592.71 million compared to TWD 637.24 million a year ago. Net loss was TWD 559.47 million compared to TWD 323.13 million a year ago. Basic loss per share from continuing operations was TWD 5.07 compared to TWD 2.94 a year ago. Diluted loss per share from continuing operations was TWD 5.07 compared to TWD 2.94 a year ago. Basic loss per share was TWD 5.07 compared to TWD 2.94 a year ago. Diluted loss per share was TWD 5.07 compared to TWD 2.94 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. 
