FOCI Fiber Optic Communications, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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FOCI Fiber Optic Communications, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 652.04 million compared to TWD 410.47 million a year ago. Net income was TWD 130.57 million compared to TWD 46.66 million a year ago. Basic earnings per share from continuing operations was TWD 1.5 compared to TWD 0.54 a year ago. Diluted earnings per share from continuing operations was TWD 1.48 compared to TWD 0.53 a year ago.
For the nine months, sales was TWD 1,435.09 million compared to TWD 1,207.47 million a year ago. Net income was TWD 160.62 million compared to TWD 128.64 million a year ago. Basic earnings per share from continuing operations was TWD 1.84 compared to TWD 1.49 a year ago. Diluted earnings per share from continuing operations was TWD 1.81 compared to TWD 1.45 a year ago.
FOCI Fiber Optic Communications, Inc. is a Taiwan-based company principally engaged in the design, production and sales of fiber optic passive components. The Company's main products include fiber optic connectors, fiber patch cords, fiber optic coupling products, other fiber optic passive components, micro-optical fiber optic components and others. The Company is also involved in the design, production and sales of fiber optic modules and integrated systems, as well as fiber-related production test equipment. The Company distributes its products in domestic market and to overseas markets, including mainland China, the Americas and others.