Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Ability Opto-Electronics Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 837.82 million compared to TWD 879.86 million a year ago. Net loss was TWD 14.55 million compared to net income of TWD 12.93 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to diluted earnings per share from continuing operations of TWD 0.12 a year ago.
For the nine months, sales was TWD 2,598.68 million compared to TWD 2,231.2 million a year ago. Net loss was TWD 11.58 million compared to TWD 36.46 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.32 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to TWD 0.32 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. 
