Kinko Optical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:45 pm EST
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Kinko Optical Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 881.706 million compared to TWD 936.135 million a year ago. Operating loss was TWD 38.561 million compared to TWD 37.769 million a year ago. Net loss was TWD 49.350 million compared to net income of TWD 9.044 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.06 a year ago. For the nine months, sales was TWD 2,072.807 million compared to TWD 2,545.940 million a year ago. Operating loss was TWD 162.718 million compared to TWD 185.970 million a year ago. Net loss was TWD 138.854 million compared to TWD 115.868 million a year ago. Basic loss per share was TWD 0.85 compared to TWD 0.71 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. 
