Ching Chan Optical Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021
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Ching Chan Optical Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 135.667 million compared to TWD 86.135 million a year ago. Operating income was TWD 26.818 million compared to operating loss of TWD 24.510 million a year ago. Net income was TWD 21.631 million compared to net loss of TWD 41.067 million a year ago. Basic earnings per share was TWD 0.6 compared to basic loss per share of TWD 1.15 a year ago. For the half year, sales was TWD 280.026 million compared to TWD 218.416 million a year ago. Operating income was TWD 43.747 million compared to operating loss of TWD 47.399 million a year ago. Net income was TWD 32.812 million compared to net loss of TWD 64.004 million a year ago. Basic earnings per share was TWD 0.92 compared to basic loss per share of TWD 1.79 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. 
