Art Emperor Technology & Culture Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 06:18 pm IST
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Art Emperor Technology & Culture Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 26.443 million compared to TWD 24.038 million a year ago. Operating income was TWD 9.199 million compared to TWD 947,000 a year ago. Net income was TWD 7.357 million compared to TWD 549,000 a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.04 a year ago. For the half year, sales was TWD 60.589 million compared to TWD 47.755 million a year ago. Operating income was TWD 27.341 million compared to TWD 7.499 million a year ago. Net income was TWD 22.841 million compared to TWD 5.727 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 0.37 a year ago. Diluted earnings per share was TWD 1.33 compared to TWD 0.37 a year ago.
Art Emperor Co Ltd, formerly Art Emperor Technology & Culture Co Ltd, is a Taiwan-based company mainly engaged in art brokerage, art trading, advertising and curatorial businesses. The art brokerage business mainly collects commissions for works sold at auctions, or for paintings sold on art e-commerce platforms. The art trading business is engaged in buying out sales of artworks to be sent to auctions. The advertising and curatorial business mainly provides the online platform of Non-Chizhong Art Network for art and cultural units such as galleries to publish exhibition news and related art information, and to organize painting exhibitions for customers. The Company integrates artist works from the artist e-commerce platform (Non-Chizhong Online Gallery), the gallery e-commerce platform (Non-Chizhong Art Gathering Point) to the Ditu Art Auction, creating an art full-channel product line, selling and promoting artworks of various stages and price points.
ART EMPEROR TECHNOLOGY AND CULTURE CO., LTD. 