Favite, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022
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Favite, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 456.03 million compared to TWD 233.82 million a year ago. Revenue was TWD 456.03 million compared to TWD 233.82 million a year ago. Net income was TWD 81.28 million compared to net loss of TWD 14.61 million a year ago. Basic earnings per share from continuing operations was TWD 1.03 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.02 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago. Basic earnings per share was TWD 1.03 compared to basic loss per share of TWD 0.18 a year ago. Diluted earnings per share was TWD 1.02 compared to diluted loss per share of TWD 0.18 a year ago.
For the six months, sales was TWD 833.12 million compared to TWD 732.62 million a year ago. Revenue was TWD 833.12 million compared to TWD 732.62 million a year ago. Net income was TWD 167.24 million compared to TWD 41.18 million a year ago. Basic earnings per share from continuing operations was TWD 2.12 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 2.09 compared to TWD 0.52 a year ago. Basic earnings per share was TWD 2.12 compared to TWD 0.52 a year ago. Diluted earnings per share was TWD 2.09 compared to TWD 0.52 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.
FAVITE, INC. 