Lumax International Corp., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 03:55 pm EST
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Lumax International Corp., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,660.678 million compared to TWD 1,514.521 million a year ago. Operating income was TWD 230.001 million compared to TWD 262.400 million a year ago. Net income was TWD 188.579 million compared to TWD 213.794 million a year ago. Basic earnings per share was TWD 1.77 compared to TWD 2 a year ago. Diluted earnings per share was TWD 1.76 compared to TWD 1.99 a year ago. For the nine months, sales was TWD 4,831.816 million compared to TWD 4,154.830 million a year ago. Operating income was TWD 766.824 million compared to TWD 690.345 million a year ago. Net income was TWD 628.615 million compared to TWD 539.038 million a year ago. Basic earnings per share was TWD 5.88 compared to TWD 5.05 a year ago. Diluted earnings per share was TWD 5.84 compared to TWD 5 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. 
