Optivision Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 01:34 am IST
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Optivision Technology, Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 329.635 million compared to TWD 413.968 million a year ago. Operating loss was TWD 1.378 million compared to operating Income of TWD 48.041 million a year ago. Net loss was TWD 12.726 million compared to net income of TWD 56.587 million a year ago. Basic loss per share was TWD 0.26 compared to basic earnings per share of TWD 1.17 a year ago. Diluted eps was TWD 0 compared to TWD 1.17 a year ago. For the nine months, sales was TWD 899.127 million compared to TWD 1,001.569 million a year ago. Operating loss was TWD 63.160 million compared to operating Income of TWD 53.470 million a year ago. Net loss was TWD 66.720 million compared to net income of TWD 43.459 million a year ago. Basic loss per share was TWD 1.38 compared to basic earnings per share of TWD 0.9 a year ago. Diluted eps was TWD 0 compared to TWD 0.9 a year ago.
Optivision Technology Inc. is a Taiwan-based company principally engaged in the research, design, development, manufacturing and sale of backlight units key components, such as brightness enhancement films (BEFs) and multiple function optical prism films. The Company's products are applied in backlight modules of thin film transistor-liquid crystal displays (TFT-LCDs), used for terminal products such as LCD televisions (TVs), notebooks, LCD monitors, cell phones, digital cameras, global positioning system (GPS) machines, digital photo frames, moving picture experts group layer-3 auto (MP3) displays and other consumer electronic products. The Company distributes its products within Taiwan and the rest of Asia.