Genesys Logic, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 08:44 pm
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Genesys Logic, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 468.160 million compared to TWD 500.014 million a year ago. Operating income was TWD 61.745 million compared to TWD 76.831 million a year ago. Net income was TWD 57.228 million compared to TWD 103.815 million a year ago. Basic earnings per share was TWD 0.64 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 0.63 compared to TWD 1.15 a year ago. For the half year, sales was TWD 877.492 million compared to TWD 943.070 million a year ago. Operating income was TWD 87.903 million compared to TWD 123.644 million a year ago. Net income was TWD 83.916 million compared to TWD 125.841 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 1.4 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 1.39 a year ago.
GENESYSLOGIC, INC. is a Taiwan-based company principally engaged in the design, manufacturing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Companyâs primary products include universal serial bus (USB) hub controllers, USB storage multimedia controllers, USB image controllers, intellectual properties, USB hub controllers and peripheral component interconnect (PCI) express products. The Company's products are mainly used in liquid crystal displays (LCDs), storage devices, camera modules and others. The Company mainly distributes its products in domestic market and the rest of Asia markets.