Formosa Optical Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 03:02 am IST
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Formosa Optical Technology Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 3,062.038 million compared to TWD 3,216.310 million a year ago. Operating income was TWD 126.049 million compared to TWD 166.045 million a year ago. Net income was TWD 308.321 million compared to TWD 379.052 million a year ago. Basic earnings per share from continuing operations was TWD 5.13 compared to TWD 6.31 a year ago. Diluted earnings per share from continuing operations was TWD 5.12 compared to TWD 6.29 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.