Optivision Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 05:44 am EDT
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Optivision Technology, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 175.95 million compared to TWD 395.59 million a year ago. Net loss was TWD 51.7 million compared to net income of TWD 12.27 million a year ago.
Basic loss per share from continuing operations was TWD 0.98 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.98 compared to diluted earnings per share from continuing operations of TWD 0.22 a year ago.
Optivision Technology Inc. is a Taiwan-based company principally engaged in the research, design, development, manufacturing and sale of backlight units key components, such as brightness enhancement films (BEFs) and multiple function optical prism films. The Company's products are applied in backlight modules of thin film transistor-liquid crystal displays (TFT-LCDs), used for terminal products such as LCD televisions (TVs), notebooks, LCD monitors, cell phones, digital cameras, global positioning system (GPS) machines, digital photo frames, moving picture experts group layer-3 auto (MP3) displays and other consumer electronic products. The Company distributes its products within Taiwan and the rest of Asia.