Favite, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 08:23 pm
Share
Favite, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 1,765.856 million compared to TWD 1,537.750 million a year ago. Operating income was TWD 136.186 million compared to TWD 55.596 million a year ago. Net income was TWD 116.473 million compared to TWD 84.206 million a year ago. Basic earnings per share was TWD 1.47 compared to TWD 1.07 a year ago. Diluted earnings per share was TWD 1.46 compared to TWD 1.06 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.