G-SHANK Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 02:34 am EDT
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G-SHANK Enterprise 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 1,441.87 million compared to TWD 1,593.71 million a year ago. Net income was TWD 240.35 million compared to TWD 205.23 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to TWD 1.08 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 1.06 a year ago.
For the six months, sales was TWD 2,818.8 million compared to TWD 3,164.77 million a year ago. Net income was TWD 284.21 million compared to TWD 400.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.49 compared to TWD 2.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.47 compared to TWD 2.07 a year ago.
G-SHANK ENTERPRISE CO., LTD. is a Taiwan-based company primarily engaged in the design, manufacture and distribution of various stamping parts and industrial molds. The Companyâs products consist of spare parts and components, including connector shells, contact terminals, sliding switches, switch buttons, spindle motor parts, stepping motor parts, memory card components, semi-fixed resistor parts, high precision terminals, backlight panel enclosures, tablet computer input/output (I/O) connectors, MicroSIM card connectors and metal shields for camera modules; molds for parts manufacturing, and various mechanical jigs. It also engages in the purchasing for resale of other assemblies, components and raw materials.