Lintes Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:46 am IST
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Lintes Technology 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 583.21 million compared to TWD 910.64 million a year ago. Net income was TWD 89.43 million compared to TWD 162.68 million a year ago. Basic earnings per share from continuing operations was TWD 1.44 compared to TWD 2.69 a year ago. Diluted earnings per share from continuing operations was TWD 1.43 compared to TWD 2.59 a year ago.
For the six months, sales was TWD 1,252.99 million compared to TWD 1,585.6 million a year ago. Net income was TWD 188.57 million compared to TWD 245.37 million a year ago. Basic earnings per share from continuing operations was TWD 3.04 compared to TWD 4.13 a year ago. Diluted earnings per share from continuing operations was TWD 2.99 compared to TWD 3.99 a year ago.
Lintes Technology Co., Ltd. is a Taiwan-based company mainly engaged in research, development, design, manufacture and sales of high-speed interconnect technology products. The Company's main products include Thunderbolt active and passive high-speed cables and wires for notebook computers, and high-speed optical fiber communication transmission lines for servers and data centers. Its high-speed power transmission line products include Thunderbolt2/3 series, USB type C series and others. Its high-speed optical fiber communication transmission line products include SFP+AOC series, SFP+DAC series, QSFP+AOC series, QSFP+DAC series and others. The Company's products are mainly used in consumer electronics and communications products. The Company's products are mainly sold to Taiwan and Asia, America, Europe and other regions.