Grand-Tek Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022
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Grand-Tek Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 257.35 million compared to TWD 195.31 million a year ago. Net income was TWD 36.67 million compared to TWD 15.65 million a year ago. Basic earnings per share from continuing operations was TWD 1.2213 compared to TWD 0.5246 a year ago. Diluted earnings per share from continuing operations was TWD 1.2131 compared to TWD 0.5246 a year ago.
For the six months, sales was TWD 500.82 million compared to TWD 349.27 million a year ago. Net income was TWD 58.55 million compared to TWD 26.88 million a year ago. Basic earnings per share from continuing operations was TWD 1.9508 compared to TWD 0.9098 a year ago. Diluted earnings per share from continuing operations was TWD 1.9344 compared to TWD 0.9098 a year ago.
Grand-Tek Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of high frequency connection cable assemblies and integrated wireless communication sub-systems. The Company provides high frequency connection cable assemblies, which are applied in handheld devices, broadband network electronic products, automobile signal transmission controlling equipment and network communication devices, as well as integrated wireless communication sub-systems, which are applied in the manufacture of remote monitoring systems, smart instruments and outdoor industrial wireless control systems. The Company is also involved in the provision of design services, packaging materials and spare parts purchasing services. The Company distributes its products in Taiwan market and to overseas markets, including Europe, the rest of Asia and the Americas.
GRAND-TEK TECHNOLOGY CO., LTD. 
