Apogee Optocom Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:33 pm EST
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Apogee Optocom Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 147.2 million compared to TWD 109.43 million a year ago. Net income was TWD 35.14 million compared to net loss of TWD 10.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.91 compared to basic loss per share from continuing operations of TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.91 compared to diluted loss per share from continuing operations of TWD 0.27 a year ago.
For the nine months, sales was TWD 501.74 million compared to TWD 373.96 million a year ago. Net income was TWD 89.28 million compared to TWD 5.18 million a year ago. Basic earnings per share from continuing operations was TWD 2.32 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 2.32 compared to TWD 0.13 a year ago.
Apogee Optocom Co., Ltd is a Taiwan-based company principally engaged in the design, production and distribution of precision optical components, dense wavelength division multiplexing (DWDM) key components, such as thin film filter (TFF). The Company mainly provides optical filters used as active and passive components for optical communication. In addition, it is involved in the optical coating for light emitting diode (LED) optical crystal chips. The Company also distributes spectrometers. The Companyâs products are applied in the local area network, consumer electronics, displays and others. It distributes its products within domestic market and to overseas markets.
APOGEE OPTOCOM CO., LTD. 
