Launch Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 01:51 pm EDT
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Launch Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 531.512 million compared to TWD 408.302 million a year ago. Operating income was TWD 32.825 million compared to TWD 9.154 million a year ago. Net income was TWD 21.859 million compared to TWD 8.941 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.18 a year ago. Diluted earnings per share was TWD 0.43 compared to TWD 0.17 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.