Kayee International Group Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 30, 2023 at 05:33 pm EDT
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Kayee International Group 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 114.66 million compared to TWD 245.64 million a year ago. Revenue was TWD 111.12 million compared to TWD 244.59 million a year ago. Net loss was TWD 20.77 million compared to net income of TWD 5.23 million a year ago. Basic loss per share from continuing operations was TWD 0.46 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Basic loss per share was TWD 0.46 compared to basic earnings per share of TWD 0.11 a year ago.
For the six months, sales was TWD 207.36 million compared to TWD 451.43 million a year ago. Revenue was TWD 203.21 million compared to TWD 449.77 million a year ago. Net loss was TWD 42.22 million compared to net income of TWD 25.79 million a year ago. Basic loss per share from continuing operations was TWD 0.93 compared to basic earnings per share from continuing operations of TWD 0.57 a year ago. Basic loss per share was TWD 0.93 compared to basic earnings per share of TWD 0.57 a year ago.
Yongyi International Group Co Ltd, formerly Kayee International Group Co Ltd, is a Taiwan-based company mainly engaged in the development, manufacture, and sale of merchandise for television shopping, retail stores, mail order, and online shopping channels. The Company mainly provides products for lifestyle applications, which are categorized into five main groups. Body care products include personalized skincare products, women's underwear, and shaping products that can be worn on a daily basis. Household products include small items that can be used to beautify the home environment or make life more convenient. Exercise equipment includes fitness and exercise equipment that can be used at home. Electronics include outdoor solar lights, home electronics, and small appliances. Kitchen appliances consist primarily of pots and pans for cooking food. The Company's products are mainly sold in the Americas, Europe and Asia.