Formosa Optical Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 03:03 am IST
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Formosa Optical Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 785.139 million compared to TWD 782.517 million a year ago. Operating income was TWD 37.220 million compared to TWD 43.861 million a year ago. Net income was TWD 76.687 million compared to TWD 55.583 million a year ago. Basic earnings per share from continuing operations was TWD 1.28 compared to TWD 0.93 a year ago. Diluted earnings per share from continuing operations was TWD 1.27 compared to TWD 0.92 a year ago.
Formosa Optical Technology Co., Ltd. is a Taiwan-based company principally engaged in the provision of frames, optometry services for spectacles and contact lens, as well as the trading of eye drops. The Company provides frames, including optical frames and sunglasses frames; lenses, including near-sighted lenses, astigmatism lenses, far-sighted lenses, asymptotic multi-focal lenses and sunglasses lenses; contact lenses, including long wear contact lenses, disposable contact lenses, astigmatism contact lenses and corneal discoloration contact lenses, as well as various eye drops and optometry services. The Company distributes its products in the domestic market and to overseas markets.