Launch Technologies Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021
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Launch Technologies Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 707.96 million compared to TWD 427.02 million a year ago. Net income was TWD 77.5 million compared to TWD 36.71 million a year ago. Basic earnings per share from continuing operations was TWD 1.52 compared to TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 1.51 compared to TWD 0.72 a year ago.
For the nine months, sales was TWD 1,867.63 million compared to TWD 1,073.55 million a year ago. Net income was TWD 158.46 million compared to TWD 35.07 million a year ago. Basic earnings per share from continuing operations was TWD 3.11 compared to TWD 0.69 a year ago. Diluted earnings per share from continuing operations was TWD 3.08 compared to TWD 0.68 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.