Favite Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
March 21, 2019 at 06:01 pm
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Favite Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 1,537.750 million compared to TWD 1,038.039 million a year ago. Operating income was TWD 55.596 million compared to operating loss of TWD 76.806 million a year ago. Net income was TWD 84.206 million compared to net loss of TWD 128.790 million a year ago. Basic earnings per share was TWD 1.07 compared to basic loss per share of TWD 1.63 a year ago. Diluted earnings per share was TWD 1.06 compared to diluted loss per share of TWD 1.63 a year ago.
Favite Inc is a Taiwan-based company mainly engaged in the manufacture and distribution of automatic optical inspection (AOI) machines and the provision of maintenance services. The Company's products include thin-film transistor automated optical inspection machine, protrusion automated optical inspection machine, photomask automated optical inspection machine, high-speed defect photo machine, color filter automated optical inspection machine, and automated optical slit inspection machine. The Company's products and services also include multifunctional optical microscope systems and artificial intelligence (AI) smart optics solutions. The Company sells its products in the domestic market and overseas markets.