Grand-Tek Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 12, 2020 at 05:59 pm
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Grand-Tek Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 470.741 million compared to TWD 455.452 million a year ago. Operating income was TWD 78.453 million compared to TWD 50.814 million a year ago. Net income was TWD 111.440 million compared to TWD 46.824 million a year ago. Basic earnings per share was TWD 4.64 compared to TWD 1.91 a year ago. Diluted earnings per share was TWD 4.62 compared to TWD 1.91 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. 
