Apogee Optocom Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:09 am EST
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Apogee Optocom Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 100.69 million compared to TWD 147.2 million a year ago. Net loss was TWD 7.1 million compared to net income of TWD 35.14 million a year ago. Basic loss per share from continuing operations was TWD 0.18 compared to basic earnings per share from continuing operations of TWD 0.91 a year ago. Diluted loss per share from continuing operations was TWD 0.18 compared to diluted earnings per share from continuing operations of TWD 0.91 a year ago.
For the nine months, sales was TWD 241 million compared to TWD 501.74 million a year ago. Net loss was TWD 80.05 million compared to net income of TWD 89.28 million a year ago. Basic loss per share from continuing operations was TWD 2.08 compared to basic earnings per share from continuing operations of TWD 2.32 a year ago. Diluted loss per share from continuing operations was TWD 2.08 compared to diluted earnings per share from continuing operations of TWD 2.32 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. 
