Calin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 04:45 pm
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Calin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 415.097 million compared to TWD 297.508 million a year ago. Operating income was TWD 7.960 million compared to operating loss of TWD 35.500 million a year ago. Net income was TWD 10.134 million compared to net loss of TWD 27.261 million a year ago. Basic earnings per share was TWD 0.09 compared to basic loss per share of TWD 0.24 a year ago. For the nine months, sales was TWD 865.619 million compared to TWD 975.806 million a year ago. Operating loss was TWD 88.208 million compared to TWD 72.158 million a year ago. Net loss was TWD 66.248 million compared to TWD 50.847 million a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.44 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.