Ability Opto-Electronics Technology Co Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:06 pm EST
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Ability Opto-Electronics Technology Co Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 671.830 million compared to TWD 512.056 million a year ago. Operating income was TWD 102.741 million compared to TWD 93.573 million a year ago. Net income was TWD 80.279 million compared to TWD 74.105 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 0.79 a year ago. Diluted earnings per share was TWD 0.81 compared to TWD 0.78 a year ago.
For the nine months, sales was TWD 1,581.912 million compared to TWD 1,318.290 million a year ago. Operating income was TWD 192.382 million compared to TWD 196.826 million a year ago. Net income was TWD 166.389 million compared to TWD 121.345 million a year ago. Basic earnings per share was TWD 1.73 compared to TWD 1.29 a year ago. Diluted earnings per share was TWD 1.73 compared to TWD 1.28 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. 
