Launch Technologies Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 02:00 pm EST
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Launch Technologies Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,586.851 million compared to TWD 1,812.830 million a year ago. Operating income was TWD 79.944 million compared to TWD 160.357 million a year ago. Net income was TWD 75.465 million compared to TWD 129.001 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 2.53 a year ago. Diluted earnings per share was TWD 1.47 compared to TWD 2.51 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.