91App, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 17, 2022 at 05:03 am EDT
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91App, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 295.98 million compared to TWD 257.94 million a year ago. Net income was TWD 72.36 million compared to TWD 78.7 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to TWD 0.7 a year ago.
For the six months, sales was TWD 578.11 million compared to TWD 493.83 million a year ago. Net income was TWD 139.11 million compared to TWD 123.11 million a year ago. Basic earnings per share from continuing operations was TWD 1.16 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.16 compared to TWD 1.12 a year ago.
91APP Inc is a Taiwan-based holding company mainly engaged in the development and operation of various software clouds for the new retail environment. The Company is engaged in the development and operation of various software clouds that meet the needs of the new retail environment, and the integration of data and e-commerce value-added services, as well as the provision of one-stop turnkey services for retail brands to start brand e-commerce, including software systems, capital and logistics integration, e-commerce agency operation, digital marketing, big data consultant analysis and other services. The Company is also engaged in the provision of services such as special software functions, system integration, specific implementation and industry knowledge for online-merge-offline (OMO) for physical retail brands.