Fujian Forecam Optics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 27, 2023 at 07:25 pm IST
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Fujian Forecam Optics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 140.08 million compared to CNY 131.43 million a year ago. Revenue was CNY 140.08 million compared to CNY 131.43 million a year ago.
Net loss was CNY 7.74 million compared to net income of CNY 12.76 million a year ago. Basic loss per share from continuing operations was CNY 0.049 compared to basic earnings per share from continuing operations of CNY 0.0762 a year ago.
Fujian Forecam Optics Co Ltd is a China-based company mainly engaged in the manufacture of special and civil optical lenses and optoelectronic systems. The Company's main products are classified into two series: custom products and non-custom products. Custom products mainly include special optical lenses and optoelectronic systems, which are mainly used in aerospace missions and sophisticated equipment, serving customers such as Chinese Academy of Sciences, research institutions and enterprises affiliated to military industrial groups. Non-custom products mainly include laser, ultraviolet, visible light and infrared series full-spectrum lenses such as closed-circuit television (CCTV) lenses, automobile lenses, infrared lenses, and machine vision lenses, which are mainly used in the fields of safe city, smart city, Internet of things, Internet of vehicles, and intelligent manufacturing.