FocalTech Systems Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
February 27, 2024 at 05:05 am EST
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FocalTech Systems Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was TWD 13,568.37 million compared to TWD 12,949.9 million a year ago. Net income was TWD 361.92 million compared to net loss of TWD 1,912.04 million a year ago.
Basic earnings per share from continuing operations was TWD 1.74 compared to basic loss per share from continuing operations of TWD 9.39 a year ago. Diluted earnings per share from continuing operations was TWD 1.69.
FocalTech Systems Co Ltd is a Taiwan-based company mainly engaged in the research, development, design, manufacture and sale of human-machine interface application chip products. The main products include touch and display integrated single chips, capacitive touch chips, thin film transistor liquid crystal display (TFT-LCD) panel driver chips, active-matrix organic light-emitting diode (AMOLED) panel driver chips, fingerprint recognition chips, automotive and industrial control chips. The products are used in smart phones, tablet computers, wearable devices, digital cameras, automotive products and other fields. The Company is also engaged in the design, manufacture and consulting of software and hardware products. The Company operates in mainland China and Taiwan markets.