Launch Technologies Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 05:28 pm EDT
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Launch Technologies Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 903.09 million compared to TWD 628.16 million a year ago. Net income was TWD 149.53 million compared to TWD 59.1 million a year ago. Basic earnings per share from continuing operations was TWD 2.93 compared to TWD 1.16 a year ago. Diluted earnings per share from continuing operations was TWD 2.9 compared to TWD 1.16 a year ago.
For the six months, sales was TWD 1,620.6 million compared to TWD 1,159.68 million a year ago. Net income was TWD 238.94 million compared to TWD 80.96 million a year ago. Basic earnings per share from continuing operations was TWD 4.69 compared to TWD 1.59 a year ago. Diluted earnings per share from continuing operations was TWD 4.63 compared to TWD 1.58 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.