Gseven Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 04:20 pm EDT
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Gseven Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 522.528 million compared to TWD 394.789 million a year ago. Operating income was TWD 6.820 million compared to TWD 11.491 million a year ago. Net income was TWD 12.372 million compared to TWD 8.987 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 0.27 a year ago. For the half year, sales was TWD 1,020.485 million compared to TWD 812.717 million a year ago. Operating income was TWD 31.914 million compared to TWD 25.423 million a year ago. Net income was TWD 32.705 million compared to TWD 22.249 million a year ago. Basic earnings per share was TWD 1 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 0.99 compared to TWD 0.67 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.