Laster Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:27 am EDT
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Laster Tech 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 2,214.19 million compared to TWD 1,126.37 million a year ago. Net income was TWD 63.8 million compared to net loss of TWD 146.25 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to basic loss per share from continuing operations of TWD 1.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to diluted loss per share from continuing operations of TWD 1.37 a year ago.
For the six months, sales was TWD 3,771.61 million compared to TWD 2,667.86 million a year ago. Net income was TWD 94.2 million compared to net loss of TWD 130.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.88 compared to basic loss per share from continuing operations of TWD 1.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.83 compared to diluted loss per share from continuing operations of TWD 1.29 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.