Lotes Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:27 am IST
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Lotes Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 4,155.443 million compared to TWD 3,706.661 million a year ago. Operating income was TWD 915.343 million compared to TWD 626.164 million a year ago. Net income was TWD 739.574 million compared to TWD 493.581 million a year ago. Basic earnings per share was TWD 7.15 compared to TWD 5.28 a year ago. Diluted earnings per share was TWD 7.13 compared to TWD 5.26 a year ago. For the nine months, sales was TWD 11,017.258 million compared to TWD 9,702.945 million a year ago. Operating income was TWD 1,849.831 million compared to TWD 1,425.570 million a year ago. Net income was TWD 1,472.959 million compared to TWD 1,125.173 million a year ago. Basic earnings per share was TWD 14.28 compared to TWD 12.04 a year ago. Diluted earnings per share was TWD 14.24 compared to TWD 12 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.