Calin Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 09:25 am EDT
Share
Calin Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 240.71 million compared to TWD 329.37 million a year ago. Net loss was TWD 45.19 million compared to TWD 19.37 million a year ago. Basic loss per share from continuing operations was TWD 0.33 compared to TWD 0.14 a year ago. Diluted loss per share from continuing operations was TWD 0.33 compared to TWD 0.14 a year ago.
For the six months, sales was TWD 491.09 million compared to TWD 567.83 million a year ago. Net loss was TWD 94.45 million compared to TWD 38.5 million a year ago. Basic loss per share from continuing operations was TWD 0.69 compared to TWD 0.28 a year ago. Diluted loss per share from continuing operations was TWD 0.69 compared to TWD 0.28 a year ago.
CALIN TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and distribution of optical components. The Company primarily provides glass molding lenses, which are applied in the manufacture of light emitting diode (LED) products, mobile phones, digital cameras and liquid crystal projectors; plastic products, which include spherical and aspherical lenses, cases and other plastic parts; glass lenses, which are applied in mobile phones, scanners, medical equipment and others; precision optical coating films, which include coatings for plastic lenses, glass lenses and other specialty products; lens assembly, which include lenses of mobile phones, cameras, video cameras and monitors, as well as plastic prisms, which are applied in fingerprint identifiers. It also involves in the design and manufacture of optical moulds and component tools. The Company distributes its products in Taiwan, other Asian markets and the Americas.