Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 01:22 pm EDT
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 419.251 million compared to TWD 450.615 million a year ago. Operating loss was TWD 9.149 million compared to operating Income of TWD 54.936 million a year ago. Net income was TWD 2.277 million compared to TWD 32.664 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.35 a year ago. Diluted earnings per share was TWD 0.02 compared to TWD 0.34 a year ago.
ABILITY OPTO-ELECTRONICS TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in the design, development, manufacture, processing and sale of optical glasses and plastic optical lenses. The Company's offerings include optical lenses, which are applied in the manufacture of laptop computer cameras, optical touch monitors (OTMs), digital video (DV) cameras, digital still cameras (DSCs), personal computer (PC) cameras, multi-functional business machines and bar code scanners, as well as optical glasses, which are used for optical lenses. The Company distributes its products principally in Taiwan and other Asian markets.