Lotes Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:00 pm
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Lotes Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 3,608.936 million compared to TWD 3,254.818 million a year ago. Operating income was TWD 538.511 million compared to TWD 465.289 million a year ago. Net income was TWD 416.011 million compared to TWD 376.849 million a year ago. Basic earnings per share was TWD 4.02 compared to TWD 4.03 a year ago. Diluted earnings per share was TWD 4.01 compared to TWD 4.02 a year ago. For the half year, sales was TWD 6,861.815 million compared to TWD 5,996.284 million a year ago. Operating income was TWD 934.488 million compared to TWD 799.406 million a year ago. Net income was TWD 733.385 million compared to TWD 631.592 million a year ago. Basic earnings per share was TWD 7.12 compared to TWD 6.76 a year ago. Diluted earnings per share was TWD 7.11 compared to TWD 6.74 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.