Young Fast Optoelectronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
Share
Young Fast Optoelectronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 376.01 million compared to TWD 337.23 million a year ago. Net income was TWD 41.71 million compared to TWD 27.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.19 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.19 a year ago.
Young Fast Optoelectronics Co., Ltd is principally engaged in the development, design, manufacture and distribution of touch panels and others. The Company operates its business through two segments: Optoelectronic segment and Mechanical and Electronic segment. The Optoelectronic segment provides projection capacitive touch panels and four-wire resistance touch panels. The Mechanical and Electronic segment provides 69- and 161-kilovolt (KV) connection boxes, 69- and 161-KV terminal boxes and 69- and 161-KV power cable protection equipment. Its touch panels are applied in manufacture of smart phones, mobile phones, personal navigation devices and other consumer electronics. The Company distributes its products within domestic market and to overseas markets.