Good Way Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022
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Good Way Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,162.94 million compared to TWD 1,098.43 million a year ago. Net loss was TWD 80.78 million compared to net income of TWD 13.46 million a year ago. Basic loss per share from continuing operations was TWD 1.3304 compared to basic earnings per share from continuing operations of TWD 0.2232 a year ago. Diluted loss per share from continuing operations was TWD 1.3304 compared to diluted earnings per share from continuing operations of TWD 0.2232 a year ago.
For the six months, sales was TWD 2,346.22 million compared to TWD 2,209.68 million a year ago. Net loss was TWD 165.9 million compared to net income of TWD 25.05 million a year ago. Basic loss per share from continuing operations was TWD 2.7232 compared to basic earnings per share from continuing operations of TWD 0.4107 a year ago. Diluted loss per share from continuing operations was TWD 2.7232 compared to diluted earnings per share from continuing operations of TWD 0.4018 a year ago.
Good Way Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of universal serial bus (USB) ports and other computer peripherals. The Company's main products include docking stations, sharers, related raw materials and others. The Company is also involved in the development and integration of software, firmware and hardware for smart home applications. The Company distributes its products to the Americas, Asia and Europe markets.