Grand-Tek Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 04:10 pm
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Grand-Tek Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 118.427 million compared to TWD 117.529 million a year ago. Operating income was TWD 14.691 million compared to TWD 21.337 million a year ago. Net income was TWD 13.452 million compared to TWD 16.532 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.69 a year ago.
Grand-Tek Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of high frequency connection cable assemblies and integrated wireless communication sub-systems. The Company provides high frequency connection cable assemblies, which are applied in handheld devices, broadband network electronic products, automobile signal transmission controlling equipment and network communication devices, as well as integrated wireless communication sub-systems, which are applied in the manufacture of remote monitoring systems, smart instruments and outdoor industrial wireless control systems. The Company is also involved in the provision of design services, packaging materials and spare parts purchasing services. The Company distributes its products in Taiwan market and to overseas markets, including Europe, the rest of Asia and the Americas.
GRAND-TEK TECHNOLOGY CO., LTD. 
