Young Fast Optoelectronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 03:32 pm EDT
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Young Fast Optoelectronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 913.081 million compared to TWD 738.793 million a year ago. Operating loss was TWD 64.147 million compared to TWD 109.458 million a year ago. Net income was TWD 133.677 million compared to TWD 118.978 million a year ago. Basic earnings per share from continuing operations was TWD 0.93 compared to TWD 0.84 a year ago. Basic earnings per share was TWD 0.88 compared to TWD 0.79 a year ago.
Young Fast Optoelectronics Co., Ltd is principally engaged in the development, design, manufacture and distribution of touch panels and others. The Company operates its business through two segments: Optoelectronic segment and Mechanical and Electronic segment. The Optoelectronic segment provides projection capacitive touch panels and four-wire resistance touch panels. The Mechanical and Electronic segment provides 69- and 161-kilovolt (KV) connection boxes, 69- and 161-KV terminal boxes and 69- and 161-KV power cable protection equipment. Its touch panels are applied in manufacture of smart phones, mobile phones, personal navigation devices and other consumer electronics. The Company distributes its products within domestic market and to overseas markets.
YOUNG FAST OPTOELECTRONICS CO., LTD. 
