Kinko Optical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 04:35 pm EDT
Share
Kinko Optical Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 3,391.609 million compared to TWD 3,518.289 million a year ago. Operating loss was TWD 207.313 million compared to TWD 224.905 million a year ago. Net loss was TWD 113.925 million compared to TWD 73.059 million a year ago. Basic loss per share from continuing operations was TWD 0.7 compared to TWD 0.85 a year ago. Basic loss per share was TWD 0.7 compared to TWD 0.45 a year ago.
KINKO OPTICAL CO., LTD. is principally engaged in the development, design, manufacture and distribution of optical lens modules and components. The Company mainly operates through two business segments, including Asia Operation segment and Domestic Operation segment. The Company primarily provides optical lenses modules and elements. Its products are applied in the manufacture of liquid crystal display (LCD) projectors, digital cameras, mobile phone cameras, televisions, multifunctional machines, digital video cameras and digital monitoring systems, among others. In addition, it is involved in the provision of after-sale technical support services, agent purchase of raw materials and others. The Company distributes its products primarily in Taiwan and other Asian markets.