Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 11:32 am EST
Share
Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 879.864 million compared to TWD 633.924 million a year ago. Operating income was TWD 42.831 million compared to TWD 17.890 million a year ago. Net income was TWD 12.927 million compared to TWD 18.370 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.16 a year ago. For the nine months, sales was TWD 2,231.199 million compared to TWD 1,592.990 million a year ago. Operating income was TWD 16.864 million compared to operating loss of TWD 13.197 million a year ago. Net loss was TWD 36.461 million compared to TWD 1.004 million a year ago. Basic loss per share was TWD 0.32 compared to TWD 0.01 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. 
