Launch Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 04:25 pm EDT
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Launch Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 408.302 million compared to TWD 417.851 million a year ago. Operating income was TWD 9.154 million compared to TWD 27.357 million a year ago. Net income was TWD 8.941 million compared to TWD 29.495 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.58 a year ago. Diluted earnings per share was TWD 0.17 compared to TWD 0.58 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.