Lotes Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 05:00 pm EDT
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Lotes Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 4,735.231 million compared to TWD 3,608.936 million a year ago. Operating income was TWD 1,229.681 million compared to TWD 538.511 million a year ago. Net income was TWD 899.485 million compared to TWD 416.011 million a year ago. Basic earnings per share was TWD 8.69 compared to TWD 4.02 a year ago. Diluted earnings per share was TWD 8.67 compared to TWD 4.01 a year ago. For the half year, sales was TWD 7,872.071 million compared to TWD 6,861.815 million a year ago. Operating income was TWD 1,697.425 million compared to TWD 934.488 million a year ago. Net income was TWD 1,312.383 million compared to TWD 733.385 million a year ago. Basic earnings per share was TWD 12.68 compared to TWD 7.12 a year ago. Diluted earnings per share was TWD 12.65 compared to TWD 7.11 a year ago.
Lotes Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and trading of connectors and other electronic components. The Company's connectors and other electronic components are applied in the manufacture of desktop computers, notebook computers, communication products, mobile phones and consumer electronic products. The Company distributes its products within domestic market and to overseas markets.
LOTES CO., LTD 
