GEM Terminal Industry Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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GEM Terminal Industry Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,048.84 million compared to TWD 1,006.56 million a year ago. Net income was TWD 65.32 million compared to TWD 11.34 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.07 a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.07 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 0.07 a year ago.
For the nine months, sales was TWD 3,248.71 million compared to TWD 2,355.77 million a year ago. Net income was TWD 212.42 million compared to net loss of TWD 57.78 million a year ago. Basic earnings per share from continuing operations was TWD 1.28 compared to basic loss per share from continuing operations of TWD 0.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.28 compared to diluted loss per share from continuing operations of TWD 0.34 a year ago. Basic earnings per share was TWD 1.28 compared to basic loss per share of TWD 0.34 a year ago. Diluted earnings per share was TWD 1.28 compared to diluted loss per share of TWD 0.34 a year ago.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.