Polylite Taiwan Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:39 am EST
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Polylite Taiwan Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 92.19 million compared to TWD 92.95 million a year ago. Net income was TWD 15.75 million compared to TWD 19.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.41 a year ago.
For the nine months, sales was TWD 277.74 million compared to TWD 283.44 million a year ago. Net income was TWD 30.68 million compared to TWD 45.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.66 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 0.66 compared to TWD 0.97 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.