Asia Optical Co., Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 06:25 am IST
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Asia Optical Co., Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 5,099.72 million compared to TWD 5,372.88 million a year ago. Net income was TWD 454.74 million compared to TWD 367.92 million a year ago. Basic earnings per share from continuing operations was TWD 1.62 compared to TWD 1.31 a year ago. Diluted earnings per share from continuing operations was TWD 1.6 compared to TWD 1.3 a year ago.
For the nine months, sales was TWD 14,462.58 million compared to TWD 15,329.5 million a year ago. Net income was TWD 813.81 million compared to TWD 1,054.83 million a year ago. Basic earnings per share from continuing operations was TWD 2.9 compared to TWD 3.75 a year ago. Diluted earnings per share from continuing operations was TWD 2.85 compared to TWD 3.71 a year ago.
Asia Optical Co., Inc. is a Taiwan-based company principally engaged in the manufacturing and distribution of various optical components. The Companyâs principal products include optical lens products, laser range finder parts, digital video disk (DVD) components and optical communication components. The Company mainly operates through five business segments: optical components segment, image sensor segment, digital cameras segment, optoelectronic products segment and optoelectronic components segment. The Company mainly distributes its products in Taiwan, Japan, Asia and America.