Genesis Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:29 pm EDT
Share
Genesis Technology, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 978.799 million compared to TWD 786.345 million a year ago. Operating income was TWD 79.312 million compared to TWD 54.476 million a year ago. Net income was TWD 56.505 million compared to TWD 34.438 million a year ago. Basic earnings per share was TWD 1.42 compared to TWD 0.87 a year ago. Diluted earnings per share was TWD 1.37 compared to TWD 0.86 a year ago. For the half year, sales was TWD 1,732.032 million compared to TWD 1,474.531 million a year ago. Operating income was TWD 131.954 million compared to TWD 94.768 million a year ago. Net income was TWD 96.048 million compared to TWD 60.845 million a year ago. Basic earnings per share was TWD 2.41 compared to TWD 1.53 a year ago. Diluted earnings per share was TWD 2.34 compared to TWD 1.51 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.