Lemtech Holdings Co., Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023
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Lemtech Holdings Co., Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,505.06 million compared to TWD 1,355.37 million a year ago. Revenue was TWD 1,482.35 million compared to TWD 1,321.78 million a year ago. Net income was TWD 128.72 million compared to TWD 122.55 million a year ago. Basic earnings per share from continuing operations was TWD 2.07 compared to TWD 1.97 a year ago. Diluted earnings per share from continuing operations was TWD 1.85 compared to TWD 1.77 a year ago.
For the nine months, sales was TWD 3,515.43 million compared to TWD 4,861.97 million a year ago. Revenue was TWD 3,460.59 million compared to TWD 4,816.19 million a year ago. Net income was TWD 139.87 million compared to TWD 358.62 million a year ago. Basic earnings per share from continuing operations was TWD 2.25 compared to TWD 5.75 a year ago. Diluted earnings per share from continuing operations was TWD 2.14 compared to TWD 5.16 a year ago.
Lemtech Holdings Co., Limited is a manufacturer of metal stamping components and precision tools. The Company mainly provides computer, consumer electronics and communication (3C) product series, automotive component series and construction material series. The 3C products are mainly used as heat sinks and related stamping parts of computers and video game consoles, related metal stamping parts for home air conditioners, ice makers and motors, as well as mobile phone keyboards and protective covers, among others. Its automotive components are primarily used as airbags, seat belt buckles, car door hinges and seat brackets, among others. Its construction materials are mainly used as fittings for fixing the skylights and wall decoration. It also provides precision metal molds.