Laser Tek Taiwan Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 06:21 pm EDT
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Laser Tek Taiwan 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 367.27 million compared to TWD 434.59 million a year ago. Net income was TWD 56.81 million compared to TWD 72.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.7158 compared to TWD 0.9053 a year ago. Diluted earnings per share from continuing operations was TWD 0.7053 compared to TWD 0.8947 a year ago.
For the six months, sales was TWD 692.74 million compared to TWD 777.1 million a year ago. Net income was TWD 102.09 million compared to TWD 106.02 million a year ago. Basic earnings per share from continuing operations was TWD 1.2842 compared to TWD 1.3263 a year ago. Diluted earnings per share from continuing operations was TWD 1.2632 compared to TWD 1.3158 a year ago.
LASER TEK TAIWAN CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of passive components. The Company mainly operated through four business segments. The Surface Mounted Devices (SMDs) segment is mainly engaged in the manufacturing, processing and sales of passive components wafer packaging materials, active components plastic packaging materials and related electronic components and spare parts. The Equipment segment is mainly engaged in the sales and maintenance of testing equipment, optical equipment, printing equipment and related components of surface mount technology (SMT), as well as the research and development, manufacture and sales of laser applications equipment and parts. The Wafer Testing and Packaging segment is engaged in the testing and packaging of passive components wafers. The Others segment is mainly engaged in the sales of other electronic products and energy products.