Launch Technologies Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 07:50 am EST
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Launch Technologies Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 730.83 million compared to TWD 944.57 million a year ago. Net loss was TWD 1,008.42 million compared to net income of TWD 161.96 million a year ago. Basic loss per share from continuing operations was TWD 18.31 compared to basic earnings per share from continuing operations of TWD 3.18 a year ago. Diluted loss per share from continuing operations was TWD 18.31 compared to diluted earnings per share from continuing operations of TWD 3.14 a year ago.
For the nine months, sales was TWD 2,776.03 million compared to TWD 2,565.17 million a year ago. Net loss was TWD 685.51 million compared to net income of TWD 400.89 million a year ago. Basic loss per share from continuing operations was TWD 12.97 compared to basic earnings per share from continuing operations of TWD 7.86 a year ago. Diluted loss per share from continuing operations was TWD 12.97 compared to diluted earnings per share from continuing operations of TWD 7.76 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.
LAUNCH TECHNOLOGIES CO., LTD. 
