Foci Fiber Optic Communications, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 12:32 pm EST
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FOCI Fiber Optic Communications, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 410.473 million compared to TWD 358.532 million a year ago. Operating income was TWD 12.446 million compared to TWD 7.499 million a year ago. Net income was TWD 46.660 million compared to net loss of TWD 34.095 million a year ago. Basic earnings per share was TWD 0.54 compared to basic loss per share of TWD 0.4 a year ago. Diluted earnings per share was TWD 0.53 compared to diluted loss per share of TWD 0.4 a year ago. For the nine months, sales was TWD 1,207.471 million compared to TWD 1,243.976 million a year ago. Operating income was TWD 72.311 million compared to TWD 97.360 million a year ago. Net income was TWD 128.636 million compared to TWD 118.015 million a year ago. Basic earnings per share was TWD 1.49 compared to TWD 1.44 a year ago. Diluted earnings per share was TWD 1.45 compared to TWD 1.36 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.