Genius Electronic Optical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:23 pm EST
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Genius Electronic Optical Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 5,187.974 million compared to TWD 5,057.402 million a year ago. Net income was TWD 1,051.512 million compared to TWD 1,300.731 million a year ago. Basic earnings per share was TWD 9.44 compared to TWD 12.9 a year ago. Diluted earnings per share was TWD 9.38 compared to TWD 12.76 a year ago. For the nine months, sales was TWD 10,975.438 million compared to TWD 8,264.883 million a year ago. Net income was TWD 2,057.136 million compared to TWD 1,523.844 million a year ago. Basic earnings per share was TWD 18.47 compared to TWD 15.13 a year ago. Diluted earnings per share was TWD 18.36 compared to TWD 14.96 a year ago.
Genius Electronic Optical Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of optical lens products and lighting products. The main products include optical lens, optical lenses and lighting products. The optical lens products are applied in traditional cameras, digital cameras, mobile phones and laptops. The optical lenses are applied in traditional cameras, digital cameras, optical mice, fingerprint readers and viewfinders. The lightening products are applied in lighting equipment such as flashlights, street lights and tunnel lights. The Company is also engaged in the provision of other products for injection molding molds and parts. The Company mainly distributes products in Taiwan and other Asian markets.