Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:26 pm EST
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Ability Opto-Electronics Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 797.57 million compared to TWD 837.36 million a year ago. Net income was TWD 146.56 million compared to net loss of TWD 14.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.03 compared to basic loss per share from continuing operations of TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 1.03 compared to diluted loss per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 2,811.27 million compared to TWD 2,592.08 million a year ago. Net income was TWD 377.16 million compared to net loss of TWD 11.58 million a year ago. Basic earnings per share from continuing operations was TWD 2.72 compared to basic loss per share from continuing operations of TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 2.71 compared to diluted loss per share from continuing operations of TWD 0.09 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. 
