Favite, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 02:49 pm EST
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Favite, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 216.413 million compared to TWD 507.148 million a year ago. Net income was TWD 2.350 million compared to TWD 31.452 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.4 a year ago. For the nine months, sales was TWD 1,572.563 million compared to TWD 1,129.240 million a year ago. Net income was TWD 185.007 million compared to TWD 39.352 million a year ago. Basic earnings per share was TWD 2.34 compared to TWD 0.5 a year ago. Diluted earnings per share was TWD 2.31 compared to TWD 0.5 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. 
