Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 02:22 pm EST
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 633.924 million compared to TWD 647.668 million a year ago. Operating income was TWD 17.890 million compared to TWD 102.741 million a year ago. Net income was TWD 18.370 million compared to TWD 80.279 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.79 a year ago. For the nine months, total revenue was TWD 1,592.990 million compared to TWD 1,526.294 million a year ago. Operating loss was TWD 13.197 million compared to operating Income of TWD 192.382 million a year ago. Net loss was TWD 1.004 million compared to net income of TWD 166.389 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 1.7 a year ago. Diluted loss per share was TWD 0.01 compared to diluted earnings per share of TWD 1.69 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. 
