Optivision Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 10:02 am
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Optivision Technology, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 383.603 million compared to TWD 325.418 million a year ago. Operating income was TWD 15.538 million compared to operating loss of TWD 4.440 million a year ago. Net income was TWD 5.868 million compared to net loss of TWD 11.165 million a year ago. Basic earnings per share was TWD 0.12 compared to basic loss per share of TWD 0.23 a year ago. For the half year, sales was TWD 705.849 million compared to TWD 563.752 million a year ago. Operating income was TWD 21.124 million compared to operating loss of TWD 37.116 million a year ago. Net income was TWD 7.707 million compared to net loss of TWD 35.842 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.74 a year ago.
Optivision Technology Inc. is a Taiwan-based company principally engaged in the research, design, development, manufacturing and sale of backlight units key components, such as brightness enhancement films (BEFs) and multiple function optical prism films. The Company's products are applied in backlight modules of thin film transistor-liquid crystal displays (TFT-LCDs), used for terminal products such as LCD televisions (TVs), notebooks, LCD monitors, cell phones, digital cameras, global positioning system (GPS) machines, digital photo frames, moving picture experts group layer-3 auto (MP3) displays and other consumer electronic products. The Company distributes its products within Taiwan and the rest of Asia.
OPTIVISION TECHNOLOGY, INC. 
