Kingwaytek Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 30, 2021 at 02:33 am IST
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Kingwaytek Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 81.04 million compared to TWD 61.24 million a year ago. Net loss was TWD 2.22 million compared to TWD 5.23 million a year ago. Basic loss per share from continuing operations was TWD 0.0455 compared to TWD 0.1091 a year ago. Diluted loss per share from continuing operations was TWD 0.0455 compared to TWD 0.1091 a year ago.
For the nine months, sales was TWD 265.03 million compared to TWD 171.88 million a year ago. Net income was TWD 27.14 million compared to net loss of TWD 25.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.5909 compared to basic loss per share from continuing operations of TWD 0.5636 a year ago. Diluted earnings per share from continuing operations was TWD 0.5818 compared to diluted loss per share from continuing operations of TWD 0.5636 a year ago.
Kingwaytek Technology Co Ltd is a Taiwan-based company primarily engaged in the provision of electronic maps, system integration services, navigation software and automotive systems and e-commerce services. The Company operates its businesses within domestic market and to overseas markets, including the rest of China, Europe and the Americas.