FocalTech Systems Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:29 am EDT
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FocalTech Systems Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 3,112.35 million compared to TWD 3,327.29 million a year ago. Net income was TWD 105.06 million compared to TWD 89.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 0.42 a year ago.
For the six months, sales was TWD 6,337.63 million compared to TWD 7,219.97 million a year ago. Net income was TWD 156.72 million compared to TWD 818.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.76 compared to TWD 4.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.74 compared to TWD 3.83 a year ago.
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.