Favite, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 30, 2020 at 12:58 am IST
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Favite, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 318.313 million compared to TWD 787.145 million a year ago. Operating income was TWD 32.034 million compared to TWD 125.342 million a year ago. Net income was TWD 38.092 million compared to TWD 127.774 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 1.62 a year ago. Diluted earnings per share was TWD 0.47 compared to TWD 1.61 a year ago.
Favite Inc is a Taiwan-based company mainly engaged in the manufacture and distribution of automatic optical inspection (AOI) machines and the provision of maintenance services. The Company's products include thin-film transistor automated optical inspection machine, protrusion automated optical inspection machine, photomask automated optical inspection machine, high-speed defect photo machine, color filter automated optical inspection machine, and automated optical slit inspection machine. The Company's products and services also include multifunctional optical microscope systems and artificial intelligence (AI) smart optics solutions. The Company sells its products in the domestic market and overseas markets.
FAVITE, INC. 
