Shiny Brands Group Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:49 am EDT
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Shiny Brands Group 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 658.04 million compared to TWD 411.53 million a year ago. Revenue was TWD 655.44 million compared to TWD 408.55 million a year ago. Net income was TWD 95.25 million compared to TWD 25.3 million a year ago. Basic earnings per share from continuing operations was TWD 3.48 compared to TWD 0.95 a year ago. Diluted earnings per share from continuing operations was TWD 3.41 compared to TWD 0.93 a year ago.
For the six months, sales was TWD 1,169.16 million compared to TWD 734.7 million a year ago. Revenue was TWD 1,163.87 million compared to TWD 729.44 million a year ago. Net income was TWD 169.03 million compared to TWD 60.38 million a year ago. Basic earnings per share from continuing operations was TWD 6.18 compared to TWD 2.25 a year ago. Diluted earnings per share from continuing operations was TWD 6.06 compared to TWD 2.22 a year ago.
SHINY BRANDS GROUP CO., LTD. is a Taiwan-based company mainly engaged in sales of comestic. The Company and its subsidiaries are mainly engaged in the sales of facial masks and beauty care products through the company's e-commerce platform âiQueenâ. The brand of the company include SEXYLOOK, MIRAE and LUDEYA. The Company sell its products through major drugstores, major physical channels and distributors, and also sell products to Singapore, Malaysia, Canada, the United States, China, Cambodia, Indonesia, Vietnam and South Korea.