Ching Chan Optical Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 11:54 pm IST
Share
Ching Chan Optical Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 606.140 million compared to TWD 881.516 million a year ago. Operating income was TWD 39.310 million compared to TWD 89.249 million a year ago. Net income was TWD 20.468 million compared to TWD 84.661 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 2.6 a year ago. Diluted earnings per share was TWD 0.56 compared to TWD 2.58 a year ago.
CHING CHAN OPTICAL TECHNOLOGY CO., LTD. is a Taiwan-based company mainly engaged in research, design, manufacture and sales of optical sorting machine used for detection of fasteners, as well as manufacture and sales of fastener former machines. The Company's main products contain optical sorting machines and fastener former machines. Optical sorting machines contain rotary disk sorting machines, eddy current sorting machines, conveyor sorting machines, glass dial sorting machines and first article inspection machines. Fastener former machines contain screw formers, bolt parts formers and others. It also engaged in sales, maintenance and after-sales service of hopper, conveyor system, packaging machine and other peripheral equipment for sorting machines.