Lintes Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 10:07 pm
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Lintes Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 622.39 million compared to TWD 924.47 million a year ago. Net income was TWD 140.94 million compared to TWD 199.13 million a year ago. Basic earnings per share from continuing operations was TWD 2.26 compared to TWD 3.24 a year ago. Diluted earnings per share from continuing operations was TWD 2.23 compared to TWD 3.17 a year ago.
For the nine months, sales was TWD 1,875.38 million compared to TWD 2,510.07 million a year ago. Net income was TWD 329.51 million compared to TWD 444.5 million a year ago. Basic earnings per share from continuing operations was TWD 5.3 compared to TWD 7.4 a year ago. Diluted earnings per share from continuing operations was TWD 5.23 compared to TWD 7.17 a year ago.
Lintes Technology Co., Ltd. is a Taiwan-based company mainly engaged in research, development, design, manufacture and sales of high-speed interconnect technology products. The Company's main products include Thunderbolt active and passive high-speed cables and wires for notebook computers, and high-speed optical fiber communication transmission lines for servers and data centers. Its high-speed power transmission line products include Thunderbolt2/3 series, USB type C series and others. Its high-speed optical fiber communication transmission line products include SFP+AOC series, SFP+DAC series, QSFP+AOC series, QSFP+DAC series and others. The Company's products are mainly used in consumer electronics and communications products. The Company's products are mainly sold to Taiwan and Asia, America, Europe and other regions.