Favite, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 06, 2022 at 04:41 pm EDT
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Favite, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 377.09 million compared to TWD 498.8 million a year ago. Revenue was TWD 377.09 million compared to TWD 498.8 million a year ago. Net income was TWD 85.95 million compared to TWD 55.79 million a year ago. Basic earnings per share from continuing operations was TWD 1.09 compared to TWD 0.71 a year ago. Diluted earnings per share from continuing operations was TWD 1.08 compared to TWD 0.7 a year ago. Basic earnings per share was TWD 1.09 compared to TWD 0.71 a year ago. Diluted earnings per share was TWD 1.08 compared to TWD 0.7 a year ago.
Favite Inc is a Taiwan-based company mainly engaged in the manufacture and distribution of automatic optical inspection (AOI) machines and the provision of maintenance services. The Company's products include thin-film transistor automated optical inspection machine, protrusion automated optical inspection machine, photomask automated optical inspection machine, high-speed defect photo machine, color filter automated optical inspection machine, and automated optical slit inspection machine. The Company's products and services also include multifunctional optical microscope systems and artificial intelligence (AI) smart optics solutions. The Company sells its products in the domestic market and overseas markets.
FAVITE, INC. 
