Lumax International Corp., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:53 pm EST
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Lumax International Corp., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,654.98 million compared to TWD 1,597.25 million a year ago. Net income was TWD 257.13 million compared to TWD 201.45 million a year ago. Basic earnings per share from continuing operations was TWD 2.55 compared to TWD 2.1 a year ago. Diluted earnings per share from continuing operations was TWD 2.52 compared to TWD 2.0778 a year ago.
For the nine months, sales was TWD 4,877.07 million compared to TWD 4,576.57 million a year ago. Net income was TWD 674.61 million compared to TWD 624.76 million a year ago. Basic earnings per share from continuing operations was TWD 6.44 compared to TWD 6.5 a year ago. Diluted earnings per share from continuing operations was TWD 6.35 compared to TWD 6.4222 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. 
