Foci Fiber Optic Communications, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 04:36 pm EDT
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FOCI Fiber Optic Communications, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 496.803 million compared to TWD 464.781 million a year ago. Operating income was TWD 70.797 million compared to TWD 47.162 million a year ago. Net income was TWD 166.881 million compared to TWD 44.356 million a year ago. Basic earnings per share was TWD 1.93 compared to TWD 0.53 a year ago. Diluted earnings per share was TWD 1.89 compared to TWD 0.51 a year ago. For the half year, sales was TWD 796.998 million compared to TWD 885.444 million a year ago. Operating income was TWD 59.865 million compared to TWD 89.861 million a year ago. Net income was TWD 81.976 million compared to TWD 152.110 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 1.9 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 1.76 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.