Gseven Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 05:28 pm
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Gseven Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 483.179 million compared to TWD 351.587 million a year ago. Net income was TWD 4.924 million compared to TWD 2.267 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.07 a year ago. For the nine months, sales was TWD 1,503.664 million compared to TWD 1,164.304 million a year ago. Net income was TWD 37.629 million compared to TWD 24.516 million a year ago. Basic earnings per share was TWD 1.15 compared to TWD 0.75 a year ago. Diluted earnings per share was TWD 1.14 compared to TWD 0.74 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.