Grand-Tek Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 10:47 pm
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Grand-Tek Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 195.312 million compared to TWD 128.766 million a year ago. Operating income was TWD 22.785 million compared to TWD 23.510 million a year ago. Net income was TWD 15.654 million compared to TWD 14.502 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 0.6 a year ago. For the half year, sales was TWD 349.274 million compared to TWD 247.193 million a year ago. Operating income was TWD 38.467 million compared to TWD 38.201 million a year ago. Net income was TWD 26.882 million compared to TWD 27.954 million a year ago. Basic earnings per share from continuing operations was TWD 1.11 compared to TWD 1.16 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. 
