Launch Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 08, 2019 at 03:45 pm EDT
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Launch Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 417.851 million compared to TWD 314.809 million a year ago. Operating income was TWD 31.572 million compared to operating loss of TWD 20.414 million a year ago. Net income was TWD 29.495 million compared to net loss of TWD 18.204 million a year ago. Basic earnings per share was TWD 0.58 compared to basic loss per share of TWD 0.36 a year ago.
Launch Technologies Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of golf balls. The Company provides two-piece golf balls, three-piece golf balls, four-piece golf balls and other specific standard golf balls, including practice golf balls, soft lady golf balls, dual core balls and multilayer golf balls, among others. It distributes its products primarily in Asia and the Americas, among others.