Favite, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 07:11 pm
Share
Favite, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 209.605 million compared to TWD 216.413 million a year ago. Operating loss was TWD 24.329 million compared to operating Income of TWD 3.060 million a year ago. Net loss was TWD 43.286 million compared to net income of TWD 2.350 million a year ago. Basic loss per share was TWD 0.55 compared to basic earnings per share of TWD 0.03 a year ago. For the nine months, sales was TWD 754.439 million compared to TWD 1,572.563 million a year ago. Operating income was TWD 14.404 million compared to TWD 175.067 million a year ago. Net loss was TWD 13.866 million compared to net income of TWD 185.007 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 2.34 a year ago. Diluted loss per share was TWD 0.18 compared to diluted earnings per share of TWD 2.31 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.
FAVITE, INC. 
