Gish International Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 09:48 am
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Gish International Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 50.714 million compared to TWD 84.032 million a year ago. Operating loss was TWD 16.391 million compared to TWD 1.986 million a year ago. Net loss was TWD 15.523 million compared to net income of TWD 269,000 a year ago. Basic loss per share was TWD 0.52 compared to basic earnings per share of TWD 0.01 a year ago. Diluted eps was TWD 0 compared to TWD 0.01 a year ago.
For the nine months, sales was TWD 146.349 million compared to TWD 246.130 million a year ago. Operating loss was TWD 50.239 million compared to TWD 12.031 million a year ago. Net loss was TWD 47.947 million compared to net income of TWD 772,000 a year ago. Basic loss per share was TWD 1.6 compared to basic earnings per share of TWD 0.03 a year ago. Diluted eps was TWD 0 compared to TWD 0.03 a year ago.
Gish International Co., Ltd. is a Taiwan-based company mainly engaged in the distribution and trading of storage media and multimedia products. Its storage media products include pen drives, memory cards, optical discs and external hard drives. Its multimedia products include moving picture experts group audio layer-3 (MP3) players, headphones, laptops and others. The Companyâs products also include portable power packs, wires, small appliances, silver reflectors for thin-film transistor-liquid crystal display (TET-LCD) backlight modules and others. The Company also provides beauty products, including perfumes, skin care products, shampoos and daily necessities. The Company distributes its products in Taiwan market, and to the Americas, Asia, Oceania and other markets.