LARGAN Precision Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:12 am EST
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LARGAN Precision Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 13,628.82 million compared to TWD 13,477.29 million a year ago. Net income was TWD 5,952.52 million compared to TWD 8,142.43 million a year ago. Basic earnings per share from continuing operations was TWD 44.6 compared to TWD 61.01 a year ago. Diluted earnings per share from continuing operations was TWD 44.24 compared to TWD 60.11 a year ago.
For the nine months, sales was TWD 30,959.19 million compared to TWD 33,285.11 million a year ago. Net income was TWD 12,937.44 million compared to TWD 18,600.92 million a year ago. Basic earnings per share from continuing operations was TWD 96.93 compared to TWD 139.37 a year ago. Diluted earnings per share from continuing operations was TWD 95.9 compared to TWD 137.02 a year ago.
LARGAN Precision Co Ltd is a Taiwan-based company principally engaged in the research, development, design, production and sale of various types of optical lens modules and optoelectronic components, as well as the provision of post-sale technical services. The Company's main products include multifunction peripherals, scanners, digital cameras, smart phones, drones, tablet computers, Internet Protocol (IP) cameras, notebook computers, smart televisions, wearable device lenses, iris recognition lenses, sports camera lenses, optical mouse lenses, medical instrument lenses, automotive lenses and lenses. The Company distributes its products mainly in Asia market.