Genesis Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:29 pm EDT
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Genesis Technology, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,072.061 million compared to TWD 978.799 million a year ago. Operating income was TWD 92.809 million compared to TWD 79.312 million a year ago. Net income was TWD 60.684 million compared to TWD 56.505 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 1.26 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 1.23 a year ago. For the half year, sales was TWD 2,070.133 million compared to TWD 1,732.032 million a year ago. Operating income was TWD 184.465 million compared to TWD 131.954 million a year ago. Net income was TWD 129.406 million compared to TWD 96.048 million a year ago. Basic earnings per share was TWD 2.86 compared to TWD 2.14 a year ago. Diluted earnings per share was TWD 2.83 compared to TWD 2.09 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.
GENESIS TECHNOLOGY, INC. 
