Grand-Tek Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022
Share
Grand-Tek Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 320.45 million compared to TWD 267.4 million a year ago. Net income was TWD 46.29 million compared to TWD 28.14 million a year ago. Basic earnings per share from continuing operations was TWD 1.541 compared to TWD 0.9344 a year ago. Diluted earnings per share from continuing operations was TWD 1.5328 compared to TWD 0.9344 a year ago.
For the nine months, sales was TWD 821.27 million compared to TWD 616.67 million a year ago. Net income was TWD 104.84 million compared to TWD 55.02 million a year ago. Basic earnings per share from continuing operations was TWD 3.4918 compared to TWD 1.8525 a year ago. Diluted earnings per share from continuing operations was TWD 3.4672 compared to TWD 1.8443 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. 
