Genesis Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 08:49 am EDT
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Genesis Technology, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 998.072 million compared to TWD 753.233 million a year ago. Operating income was TWD 91.656 million compared to TWD 52.642 million a year ago. Net income was TWD 68.722 million compared to TWD 39.543 million a year ago. Basic earnings per share was TWD 1.53 compared to TWD 0.88 a year ago. Diluted earnings per share was TWD 1.5 compared to TWD 0.86 a year ago.
Genesis Technology, Inc. is a Taiwan-based company principally engaged in the provision of information technology (IT) solutions, software and related services. The Company mainly provides system platforms, storage devices, enterprise application software services, data processing services, information security management, network security and equipment, as well as portal and electronic information supply services. The Company is also involved in system management, data repairing, international trading and business equipment and telecommunications equipment sale businesses. The Company operates its businesses in both domestic market and overseas markets, such as the rest areas of Asia.