Genesis Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Genesis Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,291.13 million compared to TWD 1,387.02 million a year ago. Net income was TWD 93.15 million compared to TWD 103.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.9418 compared to TWD 1.0502 a year ago. Diluted earnings per share from continuing operations was TWD 0.9335 compared to TWD 1.0418 a year ago.
For the six months, sales was TWD 2,489.33 million compared to TWD 2,405.63 million a year ago. Net income was TWD 156.93 million compared to TWD 174.53 million a year ago. Basic earnings per share from continuing operations was TWD 1.5836 compared to TWD 1.7586 a year ago. Diluted earnings per share from continuing operations was TWD 1.5753 compared to TWD 1.7503 a year ago.
Genesis Technology, Inc. is a Taiwan-based company principally engaged in the provision of information technology (IT) solutions, software and related services. The Company mainly provides system platforms, storage devices, enterprise application software services, data processing services, information security management, network security and equipment, as well as portal and electronic information supply services. The Company is also involved in system management, data repairing, international trading and business equipment and telecommunications equipment sale businesses. The Company operates its businesses in both domestic market and overseas markets, such as the rest areas of Asia.