Foci Fiber Optic Communications, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 11:12 pm EDT
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FOCI Fiber Optic Communications, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 300.195 million compared to TWD 420.663 million a year ago. Operating loss was TWD 10.932 million compared to operating Income of TWD 42.699 million a year ago. Net loss was TWD 84.905 million compared to net income of TWD 107.754 million a year ago. Basic loss per share was TWD 0.98 compared to basic earnings per share of TWD 1.42 a year ago. Diluted loss per share was TWD 0.98 compared to diluted earnings per share of TWD 1.26 a year ago.
FOCI Fiber Optic Communications, Inc. is a Taiwan-based company principally engaged in the design, production and sales of fiber optic passive components. The Company's main products include fiber optic connectors, fiber patch cords, fiber optic coupling products, other fiber optic passive components, micro-optical fiber optic components and others. The Company is also involved in the design, production and sales of fiber optic modules and integrated systems, as well as fiber-related production test equipment. The Company distributes its products in domestic market and to overseas markets, including mainland China, the Americas and others.