Lumax International Corp., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 02:20 pm EDT
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Lumax International Corp., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,701.817 million compared to TWD 1,356.171 million a year ago. Operating income was TWD 293.034 million compared to TWD 230.127 million a year ago. Net income was TWD 233.946 million compared to TWD 213.916 million a year ago. Basic earnings per share was TWD 2.19 compared to TWD 2 a year ago. Diluted earnings per share was TWD 2.18 compared to TWD 1.99 a year ago. For the half year, sales was TWD 3,171.138 million compared to TWD 2,640.309 million a year ago. Operating income was TWD 536.823 million compared to TWD 427.945 million a year ago. Net income was TWD 440.036 million compared to TWD 325.244 million a year ago. Basic earnings per share was TWD 4.12 compared to TWD 3.04 a year ago. Diluted earnings per share was TWD 4.09 compared to TWD 3.02 a year ago.
Lumax International Corp Ltd is a Taiwan-based company mainly engaged in the distribution of electronic and telecommunication components and materials, the sale and purchase of program-controlled instruments, and system integration engineering services. The Company operates mainly through the Program Control Instrumentation segment, Program Control Systems segment, Communication and Linear Transmission Systems segment, Electronic Components segment, and Other Program Control business segment. Electronic and communication components and materials are sold to domestic and foreign electronic product manufacturers and traders in the same industry. Program-controlled instrument sales and system integration engineering services mainly provide domestic state-owned enterprises and private enterprises with the business of program-controlled instruments needed to reduce process variation.
LUMAX INTERNATIONAL CORP., LTD. 
