Lotes Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:34 pm EST
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Lotes Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 4,629.484 million compared to TWD 4,155.443 million a year ago. Operating income was TWD 1,043.558 million compared to TWD 915.343 million a year ago. Net income was TWD 771.435 million compared to TWD 739.574 million a year ago. Basic earnings per share was TWD 7.46 compared to TWD 7.15 a year ago. Diluted earnings per share was TWD 7.44 compared to TWD 7.13 a year ago. For the nine months, sales was TWD 12,501.555 million compared to TWD 11,017.258 million a year ago. Operating income was TWD 2,740.983 million compared to TWD 1,849.831 million a year ago. Net income was TWD 2,083.818 million compared to TWD 1,472.959 million a year ago. Basic earnings per share was TWD 20.14 compared to TWD 14.28 a year ago. Diluted earnings per share was TWD 20.09 compared to TWD 14.24 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 
