Gseven Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 12:26 pm EST
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Gseven Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 643.566 million compared to TWD 483.179 million a year ago. Operating income was TWD 21.450 million compared to TWD 4.896 million a year ago. Net income was TWD 17.677 million compared to TWD 4.924 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.15 a year ago. Diluted earnings per share was TWD 0.5 compared to TWD 0.15 a year ago. For the nine months, sales was TWD 1,886.648 million compared to TWD 1,503.664 million a year ago. Operating income was TWD 78.064 million compared to TWD 36.810 million a year ago. Net income was TWD 66.983 million compared to TWD 37.629 million a year ago. Basic earnings per share was TWD 2.04 compared to TWD 1.15 a year ago. Diluted earnings per share was TWD 1.98 compared to TWD 1.14 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. 
