Genesis Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 10:37 pm EST
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Genesis Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,440.48 million compared to TWD 865.48 million a year ago. Net income was TWD 97.51 million compared to TWD 51.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.9835 compared to TWD 0.5251 a year ago. Diluted earnings per share from continuing operations was TWD 0.9752 compared to TWD 0.5168 a year ago.
For the nine months, sales was TWD 3,846.11 million compared to TWD 2,810.87 million a year ago. Net income was TWD 272.04 million compared to TWD 163.97 million a year ago. Basic earnings per share from continuing operations was TWD 2.7505 compared to TWD 1.6586 a year ago. Diluted earnings per share from continuing operations was TWD 2.7338 compared to TWD 1.6503 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.