Fittech Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:15 pm
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Fittech Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 636.923 million compared to TWD 873.746 million a year ago. Operating income was TWD 100.168 million compared to TWD 76.426 million a year ago. Net income was TWD 78.579 million compared to TWD 55.263 million a year ago. Basic earnings per share was TWD 1.17 compared to TWD 0.91 a year ago. Diluted earnings per share was TWD 1.17 compared to TWD 0.9 a year ago. For the nine months, total revenue was TWD 2,281.497 million compared to TWD 2,909.278 million a year ago. Operating income was TWD 249.763 million compared to TWD 338.181 million a year ago. Net income was TWD 191.629 million compared to TWD 289.072 million a year ago. Basic earnings per share was TWD 2.86 compared to TWD 4.79 a year ago. Diluted earnings per share was TWD 2.84 compared to TWD 4.63 a year ago.
FITTECH CO.,LTD is a Taiwan-based company mainly engaged in research, development, manufacturing and sales of optical inspection equipment. The company is also engaged in the development, manufacture and sale of laser precision machinery and equipment, as well as testing foundry services. The company's main products include integrated light-emitting diode (LED) die / crystal garden spot measuring machine, automatic wafer tester, die counter, automatic upper and lower die machine and other LED testing equipment; laser precision machines such as laser cutting machines, laser welding machines and laser descaling machines. The company's products are mainly sold to Asia and other regions.
FITTECH CO.,LTD 
