Good Way Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:43 am IST
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Good Way Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,215.991 million compared to TWD 1,220.841 million a year ago. Operating income was TWD 20.314 million compared to TWD 20.453 million a year ago. Net income was TWD 29.680 million compared to TWD 44.597 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.86 a year ago. Diluted earnings per share was TWD 0.52 compared to TWD 0.75 a year ago. For the half year, sales was TWD 2,614.934 million compared to TWD 2,117.896 million a year ago. Operating income was TWD 36.977 million compared to TWD 7.546 million a year ago. Net income was TWD 22.950 million compared to TWD 18.686 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.36 a year ago. Diluted earnings per share was TWD 0.44 compared to TWD 0.36 a year ago.
Good Way Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sales of computer peripheral connection products. The Company's products include computer expansion dock-related products and various audio-visual interface conversion devices. The main purpose of the docking station is to extend or expand the existing extension port of the host. The introduction of the charging function allows the expansion base to serve as a power supply to charge the host. The signal converter can convert a universal serial bus (USB) signal into another audio and video output signal, and can also switch between analog and digital signals. Sharers are used to transmit large amounts of data and meet data exchange requirements. The Company's products are mainly sold to markets in the Americas, Asia and Europe.