Gseven Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 02:37 pm
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Gseven Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 595.265 million compared to TWD 497.957 million a year ago. Operating income was TWD 29.828 million compared to TWD 25.094 million a year ago. Net income was TWD 24.276 million compared to TWD 20.333 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.62 a year ago. Diluted earnings per share was TWD 0.73 compared to TWD 0.61 a year ago.
Gseven Co., Ltd. is a Taiwan-based company mainly engaged in the wholesale of video, home appliance, audio and other related products. Audio products include audio amplifiers, radio surround amplifiers, CD players, turntables, speakers, Karaoke machines, mixing machines, headsets, microphones, and other related accessories. Video products include televisions, media players, projectors and related wire accessories. Home appliance products include refrigerators, washing machines, dryers, air-conditioning machines, microwave ovens, electronic pans, ovens, dishwashers, vacuum cleaners, among others. Other products include digital cameras, camcorders, memory cards, mobile phones and others. The Company also provides equipment installation and maintenance services.