Favite, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 05:11 pm EDT
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Favite, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 233.821 million compared to TWD 226.521 million a year ago. Operating income was TWD 5.557 million compared to TWD 6.699 million a year ago. Net loss was TWD 14.609 million compared to TWD 8.672 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.11 a year ago. For the half year, total revenue was TWD 732.620 million compared to TWD 544.834 million a year ago. Operating income was TWD 63.856 million compared to TWD 38.733 million a year ago. Net income was TWD 41.178 million compared to TWD 29.420 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.37 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. 
