Great Wall Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 10:26 pm EDT
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Great Wall 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 27,597.96 million compared to TWD 27,083.66 million a year ago. Net income was TWD 1,074.87 million compared to TWD 517.74 million a year ago. Basic earnings per share from continuing operations was TWD 1.27 compared to TWD 0.61 a year ago. Diluted earnings per share from continuing operations was TWD 1.27 compared to TWD 0.61 a year ago.
For the six months, sales was TWD 54,671.05 million compared to TWD 52,655.46 million a year ago. Net income was TWD 1,836.69 million compared to TWD 1,071.02 million a year ago. Basic earnings per share from continuing operations was TWD 2.17 compared to TWD 1.27 a year ago. Diluted earnings per share from continuing operations was TWD 2.17 compared to TWD 1.26 a year ago.
GREAT WALL ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of animal feedstuffs and meat products. The Company operates through four segments. Feedstuffs segment manufactures and sells feedstuffs for chicken, duck, pigs, cattle, sheep and fish, among others. Meat Products segment manufactures and sells fresh chicken and its processed products. Bulk Oil Products segment is engaged in the trading of soybean processed products. Consumable Food segment manufactures and sells consumable foods, such as chicken floss, noodles and chicken nuggets, among others. The Company mainly operates businesses in the domestic market.