Gseven Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 03:39 pm EST
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Gseven Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 792.07 million compared to TWD 604.6 million a year ago. Net income was TWD 9.09 million compared to TWD 7.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 0.2 a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.22 a year ago. Diluted earnings per share was TWD 0.22 compared to TWD 0.2 a year ago.
For the nine months, sales was TWD 2,575.55 million compared to TWD 2,013.47 million a year ago. Net income was TWD 80.18 million compared to TWD 55.55 million a year ago. Basic earnings per share from continuing operations was TWD 2.18 compared to TWD 1.52 a year ago. Diluted earnings per share from continuing operations was TWD 1.86 compared to TWD 1.32 a year ago. Basic earnings per share was TWD 2.18 compared to TWD 1.52 a year ago. Diluted earnings per share was TWD 1.86 compared to TWD 1.32 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.