Lotes Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:01 am
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Lotes Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 6,463.56 million compared to TWD 7,269.28 million a year ago. Net income was TWD 1,867.43 million compared to TWD 1,909.02 million a year ago. Basic earnings per share from continuing operations was TWD 16.77 compared to TWD 17.92 a year ago. Diluted earnings per share from continuing operations was TWD 16.62 compared to TWD 17.67 a year ago.
For the nine months, sales was TWD 17,912.3 million compared to TWD 20,066.63 million a year ago. Net income was TWD 4,333.55 million compared to TWD 4,803.12 million a year ago. Basic earnings per share from continuing operations was TWD 39.36 compared to TWD 45.19 a year ago. Diluted earnings per share from continuing operations was TWD 39.02 compared to TWD 44.46 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.