Calin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 04, 2019 at 06:24 pm
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Calin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 297.508 million compared to TWD 463.377 million a year ago. Operating loss was TWD 35.500 million compared to operating Income of TWD 11.610 million a year ago. Net loss was TWD 27.261 million compared to net income of TWD 12.824 million a year ago. Basic loss per share was TWD 0.25 compared to basic earnings per share of TWD 0.11 a year ago. For the nine months, sales was TWD 975.806 million compared to TWD 1,301.558 million a year ago. Operating loss was TWD 72.158 million compared to operating Income of TWD 29.297 million a year ago. Net loss was TWD 50.847 million compared to net income of TWD 48.496 million a year ago. Basic loss per share was TWD 0.44 compared to basic earnings per share of TWD 0.42 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.
CALIN TECHNOLOGY CO., LTD. 
