Gemtek Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 04:40 pm EDT
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Gemtek Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 6,492.95 million compared to TWD 6,524 million a year ago. Net income was TWD 56.42 million compared to TWD 181.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to TWD 0.45 a year ago.
For the six months, sales was TWD 11,665.54 million compared to TWD 11,764.29 million a year ago. Net income was TWD 120.08 million compared to TWD 309.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.87 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.78 a year ago.
GEMTEK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless communications products. The Companyâs primary products include wireless gateways and wireless local area network (WLAN) cards. The Companyâs products are mainly used in the manufacturing of office computers and computer wireless transmission equipment, as well as wireless and wired network transmission equipment. The Company is also involved in the trading of computer radios, wires, packaging materials, reader-writers and other raw materials. The Company mainly distributes its products to overseas markets.