Lotes Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 09:14 pm EST
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Lotes Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 7,269.28 million compared to TWD 5,733.44 million a year ago. Net income was TWD 1,908.63 million compared to TWD 925.43 million a year ago. Basic earnings per share from continuing operations was TWD 17.91 compared to TWD 8.91 a year ago. Diluted earnings per share from continuing operations was TWD 17.67 compared to TWD 8.82 a year ago.
For the nine months, sales was TWD 20,066.63 million compared to TWD 15,336.02 million a year ago. Net income was TWD 4,801.71 million compared to TWD 2,468.18 million a year ago. Basic earnings per share from continuing operations was TWD 45.17 compared to TWD 23.82 a year ago. Diluted earnings per share from continuing operations was TWD 44.45 compared to TWD 23.71 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.