Lotes Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Lotes Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 6,651.61 million compared to TWD 4,859.02 million a year ago. Net income was TWD 1,509.45 million compared to TWD 709.1 million a year ago. Basic earnings per share from continuing operations was TWD 14.21 compared to TWD 6.85 a year ago. Diluted earnings per share from continuing operations was TWD 14 compared to TWD 6.84 a year ago.
For the six months, sales was TWD 12,797.34 million compared to TWD 9,602.59 million a year ago. Net income was TWD 2,893.08 million compared to TWD 1,542.76 million a year ago. Basic earnings per share from continuing operations was TWD 27.25 compared to TWD 14.91 a year ago. Diluted earnings per share from continuing operations was TWD 26.81 compared to TWD 14.88 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.