Gemtek Technology: Announcement on behalf of subsidiary Gemtek Electronics (Kunshan) Co., Ltd. to comply with epidemic prevention policies imposed by local authorities.







close

Provided by: GEMTEK TECHNOLOGY Co., Ltd

SEQ_NO

2

announcement date

2022/04/21

Announcement time

16:17:19

Matter

 Announcement on behalf of subsidiary Gemtek
Electronics (Kunshan) Co., Ltd. to comply with the
epidemic prevention policies imposed by local authorities.

Date of events

2022/04/21

What item it responds to

paragraph 51

Statement

1.Date of occurrence of the event:2022/04/21
2.Company name:Gemtek Electronics (Kunshan) Co., Ltd
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:
In accordance with local epidemic prevention policies, Gemtek Electronics
(Kunshan) Co. , Ltd., a subsidiary of the company, has applied for resumption
of work as an epidemic-free enterprise with the authorities, and will resume
work immediately upon receipt of approval.
6.Countermeasures:
Gemtek Electronics (Kunshan) Co. , Ltd. shall make use of its existing
inventory and adjust working hours to catch up with its production capacity
 once work is resumed. It is estimated that partial order shipments may be
postponed until May. However, this will not cause any significant impacts on
its operations for the current year.
7.Any other matters that need to be specified:The Company's subsidiary,
Gemtek Electronics(Changshu)Co.,Ltd. is currently under normal operation.

Warning

GemTek Technology Co. Ltd. published this content on April 21, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on April 21, 2022 08:34:02 UTC.

Public now 2022

All news about GEMTEK TECHNOLOGY CO., LTD.

2022 sales 26,370 million
902M
902M
Net income 2022

Net debt 2022

PER 2022 ratio
2022 return
Capitalization 12,479 million
427M
427M
capi. / Sales 2022 0.47x
EV / Sales 2023
# of employees
Floating 93.8%

Chart GEMTEK TECHNOLOGY CO., LTD.


Duration :

Period :




Gemtek Technology Co., Ltd.  Technical Analysis Chart |  MarketScreener

Trends in Technical Analysis GEMTEK TECHNOLOGY CO., LTD.

Short term Middle term Long term
Tendencies Neutral Bullish Neutral



Evolution of the income statement

To sell

To buy

Medium consensus SURPASS
Number of analysts 2
Last closing price TWD30.80
Average target price TWD34.00
Average Spread / Target 10.4%


About Myra R.

Check Also

Southeast Texas Transportation Week events kick off Sunday

Beaumont, Port Arthur, and Orange come together to observe Southeast Texas Transportation Week May 8-15, …