Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:33 pm EDT
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 810.174 million compared to TWD 563.205 million a year ago. Operating income was TWD 29.059 million compared to operating loss of TWD 21.938 million a year ago. Net loss was TWD 4.929 million compared to TWD 21.651 million a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.19 a year ago. For the half year, sales was TWD 1,351.335 million compared to TWD 959.066 million a year ago. Operating loss was TWD 25.967 million compared to TWD 31.087 million a year ago. Net loss was TWD 49.388 million compared to TWD 19.374 million a year ago. Basic loss per share was TWD 0.44 compared to TWD 0.17 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.
ABILITY OPTO-ELECTRONICS TECHNOLOGY CO.,LTD. 
