Gseven Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 05:09 pm
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Gseven Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,001.94 million compared to TWD 877.37 million a year ago. Net income was TWD 19.34 million compared to TWD 23.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.45 compared to TWD 0.55 a year ago.
For the six months, sales was TWD 1,921.57 million compared to TWD 1,783.48 million a year ago. Net income was TWD 44.51 million compared to TWD 71.09 million a year ago. Basic earnings per share from continuing operations was TWD 1.17 compared to TWD 1.94 a year ago. Diluted earnings per share from continuing operations was TWD 1.02 compared to TWD 1.64 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.