Lotes Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 07:16 pm
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Lotes Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 6,145.73 million compared to TWD 4,743.57 million a year ago. Net income was TWD 1,383.63 million compared to TWD 833.66 million a year ago. Basic earnings per share from continuing operations was TWD 13.03 compared to TWD 8.06 a year ago. Diluted earnings per share from continuing operations was TWD 12.82 compared to TWD 8.04 a year ago.
Lotes Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and trading of connectors and other electronic components. The Company's connectors and other electronic components are applied in the manufacture of desktop computers, notebook computers, communication products, mobile phones and consumer electronic products. The Company distributes its products within domestic market and to overseas markets.