Good Way Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 05:41 am EDT
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Good Way Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 772.19 million compared to TWD 1,162.94 million a year ago. Net loss was TWD 148.59 million compared to TWD 80.78 million a year ago. Basic loss per share from continuing operations was TWD 2.43 compared to TWD 1.33 a year ago. Diluted loss per share from continuing operations was TWD 2.43 compared to TWD 1.33 a year ago.
For the six months, sales was TWD 1,659.94 million compared to TWD 2,346.22 million a year ago. Net loss was TWD 257.14 million compared to TWD 165.9 million a year ago. Basic loss per share from continuing operations was TWD 4.25 compared to TWD 2.73 a year ago. Diluted loss per share from continuing operations was TWD 4.25 compared to TWD 2.73 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.