Lotes Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
Share
Lotes 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 5,722.13 million compared to TWD 6,651.61 million a year ago. Net income was TWD 1,284.6 million compared to TWD 1,510.09 million a year ago. Basic earnings per share from continuing operations was TWD 11.56 compared to TWD 14.22 a year ago. Diluted earnings per share from continuing operations was TWD 11.46 compared to TWD 14 a year ago.
For the six months, sales was TWD 11,448.75 million compared to TWD 12,797.34 million a year ago. Net income was TWD 2,466.12 million compared to TWD 2,894.1 million a year ago. Basic earnings per share from continuing operations was TWD 22.53 compared to TWD 27.26 a year ago. Diluted earnings per share from continuing operations was TWD 22.37 compared to TWD 26.82 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.