Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 06:22 pm IST
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 563.205 million compared to TWD 443.705 million a year ago. Net loss was TWD 21.651 million compared to net income of TWD 53.446 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.57 a year ago. For the half year, total revenue was TWD 959.066 million compared to TWD 878.626 million a year ago. Net loss was TWD 19.374 million compared to net income of TWD 86.110 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.91 a year ago.
ABILITY OPTO-ELECTRONICS TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in the design, development, manufacture, processing and sale of optical glasses and plastic optical lenses. The Company's offerings include optical lenses, which are applied in the manufacture of laptop computer cameras, optical touch monitors (OTMs), digital video (DV) cameras, digital still cameras (DSCs), personal computer (PC) cameras, multi-functional business machines and bar code scanners, as well as optical glasses, which are used for optical lenses. The Company distributes its products principally in Taiwan and other Asian markets.