Genius Electronic Optical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:18 pm EST
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Genius Electronic Optical Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 5,057.402 million compared to TWD 2,376.703 million a year ago. Operating income was TWD 1,828.720 million compared to TWD 407.605 million a year ago. Net income was TWD 1,300.731 million compared to TWD 272.257 million a year ago. Basic earnings per share was TWD 12.9 compared to TWD 2.73 a year ago. Diluted earnings per share was TWD 12.76 compared to TWD 2.71 a year ago. For the nine months, sales was TWD 8,264.883 million compared to TWD 5,819.562 million a year ago. Operating income was TWD 2,169.282 million compared to TWD 970.281 million a year ago. Net income was TWD 1,523.844 million compared to TWD 645.849 million a year ago. Basic earnings per share was TWD 15.13 compared to TWD 6.47 a year ago. Diluted earnings per share was TWD 14.96 compared to TWD 6.42 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.