Gseven Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 01:40 pm EDT
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Gseven Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 647.817 million compared to TWD 522.528 million a year ago. Operating income was TWD 26.786 million compared to TWD 6.820 million a year ago. Net income was TWD 25.030 million compared to TWD 12.372 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.38 a year ago. For the half year, sales was TWD 1,243.082 million compared to TWD 1,020.485 million a year ago. Operating income was TWD 56.614 million compared to TWD 31.914 million a year ago. Net income was TWD 49.306 million compared to TWD 32.705 million a year ago. Basic earnings per share was TWD 1.5 compared to TWD 1 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 0.99 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.
GSEVEN CO., LTD. 
