Genesys Logic, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Genesys Logic, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 869.88 million compared to TWD 751.32 million a year ago. Revenue was TWD 862.29 million compared to TWD 750.22 million a year ago. Net income was TWD 130.51 million compared to TWD 126.99 million a year ago. Basic earnings per share from continuing operations was TWD 1.45 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 1.44 compared to TWD 1.4 a year ago.
For the six months, sales was TWD 2,110.19 million compared to TWD 1,338.14 million a year ago. Revenue was TWD 2,101.8 million compared to TWD 1,331.26 million a year ago. Net income was TWD 485.08 million compared to TWD 173.09 million a year ago. Basic earnings per share from continuing operations was TWD 5.37 compared to TWD 1.93 a year ago. Diluted earnings per share from continuing operations was TWD 5.34 compared to TWD 1.91 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.