Lumax International Corp., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 01:56 pm
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Lumax International Corp., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,514.521 million compared to TWD 1,074.254 million a year ago. Operating income was TWD 262.400 million compared to TWD 133.365 million a year ago. Net income was TWD 213.794 million compared to TWD 111.447 million a year ago. Basic earnings per share was TWD 2 compared to TWD 1.02 a year ago. Diluted earnings per share was TWD 1.99 compared to TWD 1.01 a year ago. Profit from continuing operations before tax was TWD 213.794 million compared to TWD 111.447 million a year ago.
For the nine months, sales was TWD 4,154.830 million compared to TWD 3,276.130 million a year ago. Operating income was TWD 690.345 million compared to TWD 456.137 million a year ago. Net income was TWD 539.038 million compared to TWD 338.036 million a year ago. Basic earnings per share was TWD 5.05 compared to TWD 2.92 a year ago. Diluted earnings per share was TWD 5 compared to TWD 2.88 a year ago. Profit from continuing operations before tax was TWD 539.038 million compared to TWD 338.036 million a year ago.
Lumax International Corp Ltd is a Taiwan-based company mainly engaged in the distribution of electronic and telecommunication components and materials, the sale and purchase of program-controlled instruments, and system integration engineering services. The Company operates mainly through the Program Control Instrumentation segment, Program Control Systems segment, Communication and Linear Transmission Systems segment, Electronic Components segment, and Other Program Control business segment. Electronic and communication components and materials are sold to domestic and foreign electronic product manufacturers and traders in the same industry. Program-controlled instrument sales and system integration engineering services mainly provide domestic state-owned enterprises and private enterprises with the business of program-controlled instruments needed to reduce process variation.
LUMAX INTERNATIONAL CORP., LTD. 