Launch Technologies Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 04, 2019 at 09:54 pm
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Launch Technologies Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 458.768 million compared to TWD 410.719 million a year ago. Operating income was TWD 49.466 million compared to TWD 23.873 million a year ago. Net income was TWD 38.723 million compared to TWD 28.075 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.55 a year ago. For the half year, sales was TWD 876.619 million compared to TWD 725.528 million a year ago. Operating income was TWD 76.823 million compared to TWD 3.459 million a year ago. Net income was TWD 68.218 million compared to TWD 9.871 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 0.19 a year ago. Diluted earnings per share was TWD 1.33 compared to TWD 0.19 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.