Kinko Optical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 09, 2021 at 06:48 am EDT
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Kinko Optical Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 819.814 million compared to TWD 579.201 million a year ago. Operating loss was TWD 56.288 million compared to TWD 80.838 million a year ago. Net loss was TWD 40.691 million compared to TWD 36.772 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to TWD 0.23 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.