Laster Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:52 pm IST
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Laster Tech 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 2,548.45 million compared to TWD 1,708.14 million a year ago. Net income was TWD 96.02 million compared to TWD 59.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.83 compared to TWD 0.56 a year ago.
For the nine months, sales was TWD 6,320.06 million compared to TWD 4,376 million a year ago. Net income was TWD 190.22 million compared to net loss of TWD 71.1 million a year ago. Basic earnings per share from continuing operations was TWD 1.76 compared to basic loss per share from continuing operations of TWD 0.69 a year ago. Diluted earnings per share from continuing operations was TWD 1.66 compared to diluted loss per share from continuing operations of TWD 0.69 a year ago.
Laster Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of light-emitting diode (LED) vehicle lighting related products. The Company's main products include LED headlights, LED rear lights, LED directional lights, LED chips and components, as well as electronic materials. The Company distributes its products to overseas markets, such as the rest of Asia, Europe and the Americas.