Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 02:44 pm EDT
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,238.848 million compared to TWD 2,125.538 million a year ago. Operating income was TWD 33.984 million compared to TWD 275.678 million a year ago. Net loss was TWD 16.572 million compared to net income of TWD 234.652 million a year ago. Basic loss per share was TWD 0.15 compared to basic earnings per share of TWD 2.31 a year ago. Diluted loss per share was TWD 0.15 compared to diluted earnings per share of TWD 2.3 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.