Calin Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 09:17 pm EST
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Calin Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 217.18 million compared to TWD 321.34 million a year ago. Net loss was TWD 29.34 million compared to net income of TWD 28.57 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to basic earnings per share from continuing operations of TWD 0.21 a year ago. Diluted loss per share from continuing operations was TWD 0.21 compared to diluted earnings per share from continuing operations of TWD 0.21 a year ago.
For the nine months, sales was TWD 708.27 million compared to TWD 889.17 million a year ago. Net loss was TWD 123.79 million compared to TWD 9.93 million a year ago. Basic loss per share from continuing operations was TWD 0.9 compared to TWD 0.07 a year ago. Diluted loss per share from continuing operations was TWD 0.9 compared to TWD 0.07 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.
CALIN TECHNOLOGY CO., LTD. 
