Kinko Optical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 02:09 pm EDT
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Kinko Optical Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 579.201 million compared to TWD 771.207 million a year ago. Operating loss was TWD 80.838 million compared to TWD 66.440 million a year ago. Net loss was TWD 36.772 million compared to TWD 70.365 million a year ago. Basic loss per share was TWD 0.23 compared to TWD 0.43 a year ago.
KINKO OPTICAL CO., LTD. is principally engaged in the development, design, manufacture and distribution of optical lens modules and components. The Company mainly operates through two business segments, including Asia Operation segment and Domestic Operation segment. The Company primarily provides optical lenses modules and elements. Its products are applied in the manufacture of liquid crystal display (LCD) projectors, digital cameras, mobile phone cameras, televisions, multifunctional machines, digital video cameras and digital monitoring systems, among others. In addition, it is involved in the provision of after-sale technical support services, agent purchase of raw materials and others. The Company distributes its products primarily in Taiwan and other Asian markets.
KINKO OPTICAL CO., LTD. 