Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 08:51 am IST
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Ability Opto-Electronics Technology 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 1,104.53 million compared to TWD 797.57 million a year ago. Net income was TWD 203.3 million compared to TWD 146.56 million a year ago. Basic earnings per share from continuing operations was TWD 1.44 compared to TWD 1.03 a year ago. Diluted earnings per share from continuing operations was TWD 1.43 compared to TWD 1.03 a year ago.
For the nine months, sales was TWD 2,951 million compared to TWD 2,811.27 million a year ago. Net income was TWD 310.58 million compared to TWD 377.16 million a year ago. Basic earnings per share from continuing operations was TWD 2.19 compared to TWD 2.72 a year ago. Diluted earnings per share from continuing operations was TWD 2.18 compared to TWD 2.71 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.