Kinko Optical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 04:45 pm EST
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Kinko Optical Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,048.105 million compared to TWD 998.375 million a year ago. Operating income was TWD 7.983 million compared to operating loss of TWD 43.954 million a year ago. Net income was TWD 82.704 million compared to net loss of TWD 32.123 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Basic earnings per share was TWD 0.51 compared to basic loss per share of TWD 0.2 a year ago.
For the nine months, sales was TWD 2,691.373 million compared to TWD 2,835.022 million a year ago. Operating loss was TWD 155.988 million compared to TWD 136.727 million a year ago. Net loss was TWD 20.896 million compared to TWD 82.598 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to TWD 0.45 a year ago. Basic loss per share was TWD 0.13 compared to TWD 0.51 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. 