Genesis Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Genesis Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 865.48 million compared to TWD 1,030.55 million a year ago. Net income was TWD 51.76 million compared to TWD 57.02 million a year ago. Basic earnings per share from continuing operations was TWD 0.6274 compared to TWD 0.6957 a year ago. Diluted earnings per share from continuing operations was TWD 0.6211 compared to TWD 0.6895 a year ago.
For the nine months, sales was TWD 2,810.87 million compared to TWD 3,100.68 million a year ago. Net income was TWD 163.97 million compared to TWD 186.42 million a year ago. Basic earnings per share from continuing operations was TWD 1.9939 compared to TWD 2.2734 a year ago. Diluted earnings per share from continuing operations was TWD 1.9691 compared to TWD 2.2549 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.