Launch Technologies Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 05:35 pm
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Launch Technologies Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 628.164 million compared to TWD 238.219 million a year ago. Operating income was TWD 68.931 million compared to operating loss of TWD 36.360 million a year ago. Net income was TWD 59.100 million compared to net loss of TWD 10.583 million a year ago. Basic earnings per share was TWD 1.16 compared to basic loss per share of TWD 0.21 a year ago. For the half year, sales was TWD 1,159.676 million compared to TWD 646.521 million a year ago. Operating income was TWD 101.756 million compared to operating loss of TWD 27.206 million a year ago. Net income was TWD 80.959 million compared to net loss of TWD 1.642 million a year ago. Basic earnings per share was TWD 1.59 compared to basic loss per share of TWD 0.03 a year ago. Diluted earnings per share was TWD 1.58 compared to diluted loss per share of TWD 0.03 a year ago.
Launch Technologies Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of golf balls. The Company provides two-piece golf balls, three-piece golf balls, four-piece golf balls and other specific standard golf balls, including practice golf balls, soft lady golf balls, dual core balls and multilayer golf balls, among others. It distributes its products primarily in Asia and the Americas, among others.