TCI Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 04:58 am EDT
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TCI 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 1,969.08 million compared to TWD 1,850.72 million a year ago. Net income was TWD 208.77 million compared to net loss of TWD 88.2 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to basic loss per share from continuing operations of TWD 0.75 a year ago. Diluted earnings per share from continuing operations was TWD 1.8 compared to diluted loss per share from continuing operations of TWD 0.75 a year ago.
For the six months, sales was TWD 3,841.94 million compared to TWD 3,508.71 million a year ago. Net income was TWD 372.47 million compared to TWD 66.74 million a year ago. Basic earnings per share from continuing operations was TWD 3.19 compared to TWD 0.57 a year ago. Diluted earnings per share from continuing operations was TWD 3.18 compared to TWD 0.56 a year ago.
TCI Co Ltd is a Taiwan-based company principally engaged in the research, development, manufacture and sale of functional beverages, health foods and beauty care products. The health food includes various types of food, such as hard capsules, soft capsules, pastilles, powder, liquid packs, jelly and oil-based hard gelatine. The beauty care products include facial and body care products, such as facial masks, eye masks, facial cleansers, anti-acne gel, whitening cream, slimming cream, breast enhancement cream and serum. In addition, the Company is engaged in the production and sale of biological products, various medical devices and confidential chemical materials. The Company distributes its products in domestic market and to overseas markets.