Lotes Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 10:36 pm IST
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LOTES Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 3,706.661 million compared to TWD 2,899.337 million a year ago. Operating income was TWD 626.164 million compared to TWD 394.287 million a year ago. Net income was TWD 493.581 million compared to TWD 355.157 million a year ago. Basic earnings per share was TWD 5.28 compared to TWD 3.8 a year ago. Diluted earnings per share was TWD 5.26 compared to TWD 3.78 a year ago.
For the nine months, sales was TWD 9,702.945 million compared to TWD 7,492.725 million a year ago. Operating income was TWD 1,425.570 million compared to TWD 935.689 million a year ago. Net income was TWD 1,125.173 million compared to TWD 768.886 million a year ago. Basic earnings per share was TWD 12.04 compared to TWD 8.23 a year ago. Diluted earnings per share was TWD 12 compared to TWD 8.18 a year ago.
Lotes Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and trading of connectors and other electronic components. The Company's connectors and other electronic components are applied in the manufacture of desktop computers, notebook computers, communication products, mobile phones and consumer electronic products. The Company distributes its products within domestic market and to overseas markets.