Genesis Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 06:06 pm IST
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Genesis Technology, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,030.551 million compared to TWD 827.112 million a year ago. Operating income was TWD 66.859 million compared to TWD 57.516 million a year ago. Net income was TWD 57.017 million compared to TWD 42.112 million a year ago. Basic earnings per share was TWD 1.12 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 1.11 compared to TWD 0.82 a year ago. For the nine months, sales was TWD 3,100.684 million compared to TWD 2,559.144 million a year ago. Operating income was TWD 251.324 million compared to TWD 189.470 million a year ago. Net income was TWD 186.423 million compared to TWD 138.160 million a year ago. Basic earnings per share was TWD 3.66 compared to TWD 2.74 a year ago. Diluted earnings per share was TWD 3.63 compared to TWD 2.7 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.