Calin Technology Co. Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 05:40 pm
Share
Calin Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 333.595 million compared to TWD 448.780 million a year ago. Operating loss was TWD 16.514 million compared to operating Income of TWD 11.735 million a year ago. Net loss was TWD 9.377 million compared to net income of TWD 28.050 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.25 a year ago. Diluted loss per share was TWD 0.08 compared to diluted earnings per share of TWD 0.24 a year ago. For the half year, sales was TWD 678.298 million compared to TWD 838.181 million a year ago. Operating loss was TWD 36.658 million compared to operating Income of TWD 17.687 million a year ago. Net loss was TWD 23.586 million compared to net income of TWD 35.672 million a year ago. Basic loss per share was TWD 0.21 compared to basic earnings per share of TWD 0.31 a year ago.
CALIN TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and distribution of optical components. The Company primarily provides glass molding lenses, which are applied in the manufacture of light emitting diode (LED) products, mobile phones, digital cameras and liquid crystal projectors; plastic products, which include spherical and aspherical lenses, cases and other plastic parts; glass lenses, which are applied in mobile phones, scanners, medical equipment and others; precision optical coating films, which include coatings for plastic lenses, glass lenses and other specialty products; lens assembly, which include lenses of mobile phones, cameras, video cameras and monitors, as well as plastic prisms, which are applied in fingerprint identifiers. It also involves in the design and manufacture of optical moulds and component tools. The Company distributes its products in Taiwan, other Asian markets and the Americas.