Polylite Taiwan Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 10:32 pm EST
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Polylite Taiwan Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 92.95 million compared to TWD 96.31 million a year ago. Net income was TWD 19.13 million compared to net loss of TWD 0.966 million a year ago. Basic earnings per share from continuing operations was TWD 0.41 compared to basic loss per share from continuing operations of TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.41 compared to diluted loss per share from continuing operations of TWD 0.02 a year ago.
For the nine months, sales was TWD 283.44 million compared to TWD 345.92 million a year ago. Net income was TWD 45.32 million compared to TWD 3.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.97 compared to TWD 0.07 a year ago.
Polylite Taiwan Co., Ltd. is a Taiwan-based company primarily engaged in the research and development, manufacture and distribution of optical lenses. The Company's lenses are made of polycarbonate (PC) and other materials. Its products mainly include vision correction use optical lenses, polarized lenses, coated lenses, dust free lenses, photochromic lenses and anti-blue lenses, among others. The Company distributes its products within domestic market and to overseas markets.
POLYLITE TAIWAN CO., LTD. 
