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 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.