Lotes Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 07:04 pm EDT
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Lotes Co. Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 4,859.019 million compared to TWD 4,735.231 million a year ago. Operating income was TWD 970.824 million compared to TWD 1,229.681 million a year ago. Net income was TWD 709.101 million compared to TWD 899.485 million a year ago. Basic earnings per share from continuing operations was TWD 6.85 compared to TWD 8.69 a year ago. Diluted earnings per share from continuing operations was TWD 6.84 compared to TWD 8.67 a year ago. For the half year, sales was TWD 9,602.586 million compared to TWD 7,872.071 million a year ago. Operating income was TWD 1,991.122 million compared to TWD 1,697.425 million a year ago. Net income was TWD 1,542.757 million compared to TWD 1,312.383 million a year ago. Basic earnings per share from continuing operations was TWD 14.91 compared to TWD 12.68 a year ago. Diluted earnings per share from continuing operations was TWD 14.88 compared to TWD 12.65 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.