Good Way Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 06:09 pm
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Good Way Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,267.106 million compared to TWD 1,215.991 million a year ago. Net income was TWD 100.035 million compared to TWD 29.680 million a year ago. Basic earnings per share was TWD 1.98 compared to TWD 0.58 a year ago. Diluted earnings per share was TWD 1.76 compared to TWD 0.52 a year ago. For the half year, sales was TWD 2,202.783 million compared to TWD 2,614.934 million a year ago. Net income was TWD 74.025 million compared to TWD 22.950 million a year ago. Basic earnings per share was TWD 1.46 compared to TWD 0.45 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 0.44 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.