Fittech Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 09:38 pm
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Fittech Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 873.746 million compared to TWD 358.448 million a year ago. Operating income was TWD 76.426 million compared to operating loss of TWD 8.711 million a year ago. Net income was TWD 55.263 million compared to TWD 4.780 million a year ago. Basic earnings per share was TWD 0.91 compared to TWD 0.08 a year ago. Diluted earnings per share was TWD 0.9 compared to TWD 0.08 a year ago. For the nine months, total revenue was TWD 2,909.278 million compared to TWD 1,919.634 million a year ago. Operating income was TWD 338.181 million compared to TWD 111.306 million a year ago. Net income was TWD 289.072 million compared to TWD 144.364 million a year ago. Basic earnings per share was TWD 4.79 compared to TWD 2.66 a year ago. Diluted earnings per share was TWD 4.63 compared to TWD 2.56 a year ago.
FITTECH CO.,LTD is a Taiwan-based company mainly engaged in research, development, manufacturing and sales of optical inspection equipment. The company is also engaged in the development, manufacture and sale of laser precision machinery and equipment, as well as testing foundry services. The company's main products include integrated light-emitting diode (LED) die / crystal garden spot measuring machine, automatic wafer tester, die counter, automatic upper and lower die machine and other LED testing equipment; laser precision machines such as laser cutting machines, laser welding machines and laser descaling machines. The company's products are mainly sold to Asia and other regions.