Optivision Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 05:25 pm
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Optivision Technology, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 322.246 million compared to TWD 238.334 million a year ago. Operating income was TWD 5.586 million compared to operating loss of TWD 32.676 million a year ago. Net income was TWD 1.839 million compared to net loss of TWD 24.677 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.51 a year ago.
Optivision Technology Inc. is a Taiwan-based company principally engaged in the research, design, development, manufacturing and sale of backlight units key components, such as brightness enhancement films (BEFs) and multiple function optical prism films. The Company's products are applied in backlight modules of thin film transistor-liquid crystal displays (TFT-LCDs), used for terminal products such as LCD televisions (TVs), notebooks, LCD monitors, cell phones, digital cameras, global positioning system (GPS) machines, digital photo frames, moving picture experts group layer-3 auto (MP3) displays and other consumer electronic products. The Company distributes its products within Taiwan and the rest of Asia.