Good Way Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:39 pm EST
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Good Way Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,601.645 million compared to TWD 1,126.331 million a year ago. Operating income was TWD 100.470 million compared to TWD 48.529 million a year ago. Net income was TWD 71.395 million compared to TWD 48.627 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 0.96 a year ago. Diluted earnings per share was TWD 1.28 compared to TWD 0.83 a year ago. For the nine months, sales was TWD 3,804.428 million compared to TWD 3,741.265 million a year ago. Operating income was TWD 159.600 million compared to TWD 85.506 million a year ago. Net income was TWD 145.420 million compared to TWD 71.577 million a year ago. Basic earnings per share was TWD 2.87 compared to TWD 1.42 a year ago. Diluted earnings per share was TWD 2.6 compared to TWD 1.27 a year ago.
Good Way Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of universal serial bus (USB) ports and other computer peripherals. The Company's main products include docking stations, sharers, related raw materials and others. The Company is also involved in the development and integration of software, firmware and hardware for smart home applications. The Company distributes its products to the Americas, Asia and Europe markets.