Laster Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 02:42 pm
Share
Laster Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 657.353 million compared to TWD 983.600 million a year ago. Operating loss was TWD 137.658 million compared to operating Income of TWD 16.935 million a year ago. Net loss was TWD 129.485 million compared to net income of TWD 26.451 million a year ago. Basic loss per share was TWD 1.71 compared to basic earnings per share of TWD 0.38 a year ago. Diluted loss per share was TWD 1.71 compared to diluted earnings per share of TWD 0.37 a year ago.
Laster Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of light-emitting diode (LED) vehicle lighting related products. The Company's main products include LED headlights, LED rear lights, LED directional lights, LED chips and components, as well as electronic materials. The Company distributes its products to overseas markets, such as the rest of Asia, Europe and the Americas.