Optivision Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 07:47 pm
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Optivision Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 398.514 million compared to TWD 329.635 million a year ago. Operating income was TWD 18.679 million compared to operating loss of TWD 1.378 million a year ago. Net income was TWD 10.336 million compared to net loss of TWD 12.726 million a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.26 a year ago. Diluted earnings per share was TWD 0.21 compared to TWD 0 a year ago. For the nine months, sales was TWD 962.266 million compared to TWD 899.127 million a year ago. Operating loss was TWD 18.437 million compared to TWD 63.160 million a year ago. Net loss was TWD 25.506 million compared to TWD 66.720 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 1.38 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. 
