Lang Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 06:58 pm
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Lang Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 664.917 million compared to TWD 311,000 a year ago. Operating income was TWD 36.145 million compared to operating loss of TWD 16.568 million a year ago. Net income was TWD 128.082 million compared to TWD 9.192 million a year ago. Basic earnings per share was TWD 2.41 compared to TWD 0.19 a year ago. Diluted earnings per share was TWD 2.03 compared to TWD 0.18 a year ago. Basic earnings per share from continuing operations was TWD 2.41 compared to TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 2.03 compared to TWD 0.19 a year ago. For the half year, sales was TWD 1,237.288 million compared to TWD 847,000 a year ago. Operating income was TWD 56.064 million compared to operating loss of TWD 22.005 million a year ago. Net income was TWD 144.119 million compared to TWD 5.456 million a year ago. Basic earnings per share was TWD 2.71 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 2.3 compared to TWD 0.1 a year ago. Basic earnings per share from continuing operations was TWD 2.68 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 2.27 compared to TWD 0.1 a year ago.
Lang Inc, formerly Jye Tai Precision Industrial Co Ltd, is a Taiwan-based company principally engaged in the manufacture, processing and sale of connectors, cables and remote controls. The products are mainly used to manufacture audio equipment, televisions, computers, communication equipment, electronic products, and to transmit signals, sounds and images. The Company distributes products in domestic market and overseas markets.