Good Way Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 05:50 pm
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Good Way Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,111.255 million compared to TWD 935.677 million a year ago. Operating income was TWD 21.050 million compared to operating loss of TWD 33.436 million a year ago. Net income was TWD 11.592 million compared to net loss of TWD 26.010 million a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.51 a year ago.
Good Way Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sales of computer peripheral connection products. The Company's products include computer expansion dock-related products and various audio-visual interface conversion devices. The main purpose of the docking station is to extend or expand the existing extension port of the host. The introduction of the charging function allows the expansion base to serve as a power supply to charge the host. The signal converter can convert a universal serial bus (USB) signal into another audio and video output signal, and can also switch between analog and digital signals. Sharers are used to transmit large amounts of data and meet data exchange requirements. The Company's products are mainly sold to markets in the Americas, Asia and Europe.