Formosa Optical Technology Co. Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 06:04 pm EDT
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Formosa Optical Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 775.575 million compared to TWD 757.462 million a year ago. Operating income was TWD 31.941 million compared to TWD 42.109 million a year ago. Net income was TWD 77.902 million compared to TWD 69.708 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 1.16 a year ago. For the half year, sales was TWD 1,578.097 million compared to TWD 1,498.006 million a year ago. Operating income was TWD 82.050 million compared to TWD 79.589 million a year ago. Net income was TWD 152.280 million compared to TWD 103.039 million a year ago. Basic earnings per share was TWD 2.54 compared to TWD 1.72 a year ago. Diluted earnings per share was TWD 2.53 compared to TWD 1.71 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.
FORMOSA OPTICAL TECHNOLOGY CO.,LTD. 
