Favite Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 01, 2019 at 11:52 pm
Share
Favite Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 787.145 million compared to TWD 309.937 million a year ago. Net income was TWD 127.774 million compared to net loss of TWD 10.535 million a year ago. Basic earnings per share was TWD 1.62 compared to basic loss per share of TWD 0.13 a year ago. Diluted earnings per share was TWD 1.61 compared to diluted loss per share of TWD 0.13 a year ago.
Favite Inc is a Taiwan-based company mainly engaged in the manufacture and distribution of automatic optical inspection (AOI) machines and the provision of maintenance services. The Company's products include thin-film transistor automated optical inspection machine, protrusion automated optical inspection machine, photomask automated optical inspection machine, high-speed defect photo machine, color filter automated optical inspection machine, and automated optical slit inspection machine. The Company's products and services also include multifunctional optical microscope systems and artificial intelligence (AI) smart optics solutions. The Company sells its products in the domestic market and overseas markets.