Genesys Logic, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 03:31 pm EDT
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Genesys Logic, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 409.332 million compared to TWD 443.056 million a year ago. Operating income was TWD 26.158 million compared to TWD 46.813 million a year ago. Net income was TWD 26.688 million compared to TWD 22.026 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.25 a year ago. Diluted earnings per share was TWD 0.29 compared to TWD 0.24 a year ago.
GENESYSLOGIC, INC. is a Taiwan-based company principally engaged in the design, manufacturing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Companyâs primary products include universal serial bus (USB) hub controllers, USB storage multimedia controllers, USB image controllers, intellectual properties, USB hub controllers and peripheral component interconnect (PCI) express products. The Company's products are mainly used in liquid crystal displays (LCDs), storage devices, camera modules and others. The Company mainly distributes its products in domestic market and the rest of Asia markets.