Ching Chan Optical Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 23, 2021 at 03:02 pm EDT
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Ching Chan Optical Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 468.353 million compared to TWD 606.140 million a year ago. Operating loss was TWD 33.289 million compared to operating Income of TWD 39.310 million a year ago. Net loss was TWD 51.853 million compared to net income of TWD 20.468 million a year ago. Basic loss per share was TWD 1.45 compared to basic earnings per share of TWD 0.56 a year ago.
CHING CHAN OPTICAL TECHNOLOGY CO., LTD. is a Taiwan-based company mainly engaged in research, design, manufacture and sales of optical sorting machine used for detection of fasteners, as well as manufacture and sales of fastener former machines. The Company's main products contain optical sorting machines and fastener former machines. Optical sorting machines contain rotary disk sorting machines, eddy current sorting machines, conveyor sorting machines, glass dial sorting machines and first article inspection machines. Fastener former machines contain screw formers, bolt parts formers and others. It also engaged in sales, maintenance and after-sales service of hopper, conveyor system, packaging machine and other peripheral equipment for sorting machines.
CHING CHAN OPTICAL TECHNOLOGY CO., LTD. 
