Favite, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022
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Favite, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 418.96 million compared to TWD 287.07 million a year ago. Revenue was TWD 418.96 million compared to TWD 287.07 million a year ago. Net income was TWD 107.65 million compared to TWD 8.78 million a year ago. Basic earnings per share was TWD 1.36 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 1.34 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 1,252.08 million compared to TWD 1,019.69 million a year ago. Revenue was TWD 1,252.08 million compared to TWD 1,019.69 million a year ago. Net income was TWD 274.88 million compared to TWD 49.96 million a year ago. Basic earnings per share was TWD 3.48 compared to TWD 0.63 a year ago. Diluted earnings per share was TWD 3.41 compared to TWD 0.63 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. 
