Ability Opto-Electronics Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 01:42 pm EDT
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Ability Opto-Electronics Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 891.492 million compared to TWD 541.161 million a year ago. Operating income was TWD 39.009 million compared to operating loss of TWD 55.026 million a year ago. Net income was TWD 34.270 million compared to net loss of TWD 44.459 million a year ago. Basic earnings per share was TWD 0.31 compared to basic loss per share of TWD 0.4 a year ago.
ABILITY OPTO-ELECTRONICS TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in the design, development, manufacture, processing and sale of optical glasses and plastic optical lenses. The Company's offerings include optical lenses, which are applied in the manufacture of laptop computer cameras, optical touch monitors (OTMs), digital video (DV) cameras, digital still cameras (DSCs), personal computer (PC) cameras, multi-functional business machines and bar code scanners, as well as optical glasses, which are used for optical lenses. The Company distributes its products principally in Taiwan and other Asian markets.