Kuang Hong Arts Management Incorporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 3.18 million compared to TWD 1.99 million a year ago. Revenue was TWD 172.25 million compared to TWD 213.39 million a year ago. Net income was TWD 7.05 million compared to net loss of TWD 22.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to basic loss per share from continuing operations of TWD 0.76 a year ago. Diluted earnings per share from continuing operations was TWD 0.24 compared to diluted loss per share from continuing operations of TWD 0.76 a year ago.
For the six months, sales was TWD 8.98 million compared to TWD 24.46 million a year ago. Revenue was TWD 364.42 million compared to TWD 623.86 million a year ago. Net income was TWD 34.48 million compared to net loss of TWD 11.22 million a year ago. Basic earnings per share from continuing operations was TWD 1.15 compared to basic loss per share from continuing operations of TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 1.15 compared to diluted loss per share from continuing operations of TWD 0.37 a year ago.