Gemtek announced 2Q 2023 consolidated Financial report
< Back Financial Releases2023-08-03
Gemtek (TSE:4906) The consolidate Sales revenue of 1H 2023 is reported at NT$ 14.07 Billion, seeing a yearly increase of 20.67%. Gross margin of 10.73%, seeing a yearly increase of 14.76%. Net profit before tax of NT$ 0.452 Billion, seeing a yearly increase of 57.75%. Net profit of NT$ 0.35 Billion, seeing a yearly increase of 62.05%. Earning per share of NT$0.95, seeing a yearly increase of 206.45%.
The company’s Gross margin has an obvious raise to 12.4% in 2Q 2023, mainly due to the disposal of Gemtek Electronics (ChangShu) Co., Ltd. leading to the decrease of operating cost, other than that, high Gross margin product has steady shipment. Looking forward to 2H 2023, new specification generates new product shipment, also the company’s new business model is also positive for profit, better Gross margin can be anticipated in 2H 2023.
All detail information can be found in Market Observation Post System at code number 4906.
The company’s Gross margin has an obvious raise to 12.4% in 2Q 2023, mainly due to the disposal of Gemtek Electronics (ChangShu) Co., Ltd. leading to the decrease of operating cost, other than that, high Gross margin product has steady shipment. Looking forward to 2H 2023, new specification generates new product shipment, also the company’s new business model is also positive for profit, better Gross margin can be anticipated in 2H 2023.
All detail information can be found in Market Observation Post System at code number 4906.