Good Way Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:39 pm
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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 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.