Favite, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 05:34 pm
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Favite, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,141.503 million compared to TWD 1,765.856 million a year ago. Operating loss was TWD 35.761 million compared to operating Income of TWD 136.186 million a year ago. Net loss was TWD 101.773 million compared to net income of TWD 116.473 million a year ago. Basic loss per share was TWD 1.29 compared to basic earnings per share of TWD 1.47 a year ago. Diluted loss per share was TWD 1.29 compared to diluted earnings per share of TWD 1.46 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.