FOCI Fiber Optic Communications, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:17 am
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FOCI Fiber Optic Communications, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 284.08 million compared to TWD 421.86 million a year ago. Net loss was TWD 14.71 million compared to net income of TWD 7.27 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to basic earnings per share from continuing operations of TWD 0.08 a year ago. Diluted loss per share from continuing operations was TWD 0.17 compared to diluted earnings per share from continuing operations of TWD 0.08 a year ago.
For the six months, sales was TWD 606.24 million compared to TWD 860.14 million a year ago. Net income was TWD 19.28 million compared to TWD 4.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 0.05 a year ago.
FOCI Fiber Optic Communications Inc is a Taiwan-based company mainly engaged in the provision of various optical fiber passive components, optical fiber testing instruments and optical fiber application systems. It is also engaged in the planning, design, consulting and technical services for the system integration of the above products. Optical fiber passive components include optical fiber connectors, optical fiber patch cords, optical fiber couplers and optical communication integration modules, which are used in signal transmission lines of optical communication systems or equipment. Silicone packaging services include optical communication component integrated packaging, silicon optical component packaging and others. Optical fiber related modules and integrated systems include active and passive integrated components and modules of optical fiber systems, active optical cables and others. It sells products in Taiwan, mainland China, the Americas and other overseas markets.