Favite, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 06, 2021 at 03:32 am IST
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Favite, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 287.07 million compared to TWD 209.61 million a year ago. Revenue was TWD 287.07 million compared to TWD 209.61 million a year ago. Net income was TWD 8.78 million compared to net loss of TWD 43.29 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to diluted loss per share from continuing operations of TWD 0.55 a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.55 a year ago. Diluted earnings per share was TWD 0.11 compared to diluted loss per share of TWD 0.55 a year ago.
For the nine months, sales was TWD 1,019.69 million compared to TWD 754.44 million a year ago. Revenue was TWD 1,019.69 million compared to TWD 754.44 million a year ago. Net income was TWD 49.96 million compared to net loss of TWD 13.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago. Basic earnings per share was TWD 0.63 compared to basic loss per share of TWD 0.18 a year ago. Diluted earnings per share was TWD 0.63 compared to diluted loss per share of TWD 0.18 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. 
