Laster Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:03 pm EDT
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Laster Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 1,048.962 million compared to TWD 1,026.198 million a year ago. Operating loss was TWD 5.661 million compared to operating Income of TWD 31.684 million a year ago. Net loss was TWD 22.928 million compared to net income of TWD 33.733 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.49 a year ago. For the half year, total revenue was TWD 2,032.562 million compared to TWD 2,086.120 million a year ago. Operating income was TWD 11.274 million compared to TWD 84.388 million a year ago. Net income was TWD 3.523 million compared to TWD 88.042 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 1.29 a year ago. Diluted earnings per share was TWD 0.05 compared to TWD 1.25 a year ago.
Laster Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of light-emitting diode (LED) vehicle lighting related products. The Company's main products include LED headlights, LED rear lights, LED directional lights, LED chips and components, as well as electronic materials. The Company distributes its products to overseas markets, such as the rest of Asia, Europe and the Americas.