Laser Tek Taiwan Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 04:40 pm EST
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Laser Tek Taiwan 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 353.85 million compared to TWD 485.69 million a year ago. Net income was TWD 55.94 million compared to TWD 82.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.7053 compared to TWD 1.0316 a year ago. Diluted earnings per share from continuing operations was TWD 0.6947 compared to TWD 1.0211 a year ago.
For the nine months, sales was TWD 1,046.59 million compared to TWD 1,262.8 million a year ago. Net income was TWD 158.03 million compared to TWD 188.16 million a year ago. Basic earnings per share from continuing operations was TWD 1.9789 compared to TWD 2.3579 a year ago. Diluted earnings per share from continuing operations was TWD 1.9474 compared to TWD 2.3368 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.