Launch Technologies Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023
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Launch Technologies Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,057.41 million compared to TWD 903.09 million a year ago. Net income was TWD 163.78 million compared to TWD 149.53 million a year ago. Basic earnings per share from continuing operations was TWD 3.14 compared to TWD 2.93 a year ago. Diluted earnings per share from continuing operations was TWD 2.86 compared to TWD 2.9 a year ago.
For the six months, sales was TWD 2,045.2 million compared to TWD 1,620.6 million a year ago. Net income was TWD 322.91 million compared to TWD 238.94 million a year ago. Basic earnings per share from continuing operations was TWD 6.24 compared to TWD 4.69 a year ago. Diluted earnings per share from continuing operations was TWD 5.62 compared to TWD 4.63 a year ago.
Launch Technologies Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of golf balls. The Company provides two-piece golf balls, three-piece golf balls, four-piece golf balls and other specific standard golf balls, including practice golf balls, soft lady golf balls, dual core balls and multilayer golf balls, among others. It distributes its products primarily in Asia and the Americas, among others.