Genesis Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:12 am IST
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Genesis Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 827.112 million compared to TWD 735.218 million a year ago. Operating income was TWD 57.516 million compared to TWD 44.491 million a year ago. Net income was TWD 42.112 million compared to TWD 33.287 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 0.74 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 0.73 a year ago. For the nine months, sales was TWD 2,559.144 million compared to TWD 2,209.749 million a year ago. Operating income was TWD 189.470 million compared to TWD 139.259 million a year ago. Net income was TWD 138.160 million compared to TWD 94.132 million a year ago. Basic earnings per share was TWD 3.08 compared to TWD 2.1 a year ago. Diluted earnings per share was TWD 3.03 compared to TWD 2.07 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.