Launch Technologies Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 03, 2019 at 02:30 pm EST
Share
Launch Technologies Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 465.355 million compared to TWD 400.683 million a year ago. Operating income was TWD 54.139 million compared to TWD 24.491 million a year ago. Net income was TWD 42.648 million compared to TWD 22.287 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 0.44 a year ago. Diluted earnings per share was TWD 0.83 compared to TWD 0.43 a year ago. For the nine months, sales was TWD 1,341.974 million compared to TWD 1,126.211 million a year ago. Operating income was TWD 130.962 million compared to TWD 27.950 million a year ago. Net income was TWD 110.866 million compared to TWD 32.158 million a year ago. Basic earnings per share was TWD 2.17 compared to TWD 0.63 a year ago. Diluted earnings per share was TWD 2.16 compared to TWD 0.63 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. 