Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 03:36 pm EDT
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Ability Opto-Electronics Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 976.69 million compared to TWD 888.42 million a year ago. Net income was TWD 106.53 million compared to TWD 31.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to TWD 0.28 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.