Kinko Optical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:45 am EDT
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Kinko Optical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 703.75 million compared to TWD 935.51 million a year ago. Net income was TWD 49.37 million compared to TWD 11.35 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.07 a year ago.
For the six months, sales was TWD 1,406.05 million compared to TWD 1,828.1 million a year ago. Net income was TWD 3.81 million compared to TWD 11.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.07 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.