GCS Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:04 pm EST
Share
GCS Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 342.1 million compared to TWD 318.37 million a year ago. Net loss was TWD 224.08 million compared to TWD 85.87 million a year ago. Basic loss per share from continuing operations was TWD 2.03 compared to TWD 0.95 a year ago. Diluted loss per share from continuing operations was TWD 2.03 compared to TWD 0.95 a year ago.
For the nine months, sales was TWD 979.34 million compared to TWD 927.24 million a year ago. Net loss was TWD 547.2 million compared to TWD 219.25 million a year ago. Basic loss per share from continuing operations was TWD 4.97 compared to TWD 2.45 a year ago. Diluted loss per share from continuing operations was TWD 4.97 compared to TWD 2.45 a year ago.
GCS Holdings, Inc. is a Cayman Islands-based holding company of Global Communication Semiconductors, LLC (GCS LLC). The Company through its subsidiaries, develops, manufactures, markets, sells integrated circuits chips. It provides foundry services to integrated device manufacturers and fabless design houses, targeting wireless, power electronics, optoelectronics, and telecommunication markets. The GCS LLC provides pure-play foundry services for III-V compound semiconductor radio frequency integrated circuits, power electronics and optoelectronics (the foundry service business), as well as manufactures and markets compound semiconductor optical wafers and chips under its own brand (the component business). The GCS LLC's customers are primarily United State-based integrated device manufacturers (IDMs) and fabless design houses. The optoelectronic products from GCS LLC's component business are sold to distributors and electronic device manufacturers based in China and Taiwan.
GCS HOLDINGS, INC. 
