FOCI Fiber Optic Communications, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:38 am EST
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FOCI Fiber Optic Communications, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 328.23 million compared to TWD 432.41 million a year ago. Net income was TWD 0.292 million compared to TWD 22.68 million a year ago.
For the nine months, sales was TWD 934.47 million compared to TWD 1,292.56 million a year ago. Net income was TWD 19.58 million compared to TWD 26.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 0.3 a year ago.
FOCI Fiber Optic Communications, Inc. is a Taiwan-based company principally engaged in the design, production and sales of fiber optic passive components. The Company's main products include fiber optic connectors, fiber patch cords, fiber optic coupling products, other fiber optic passive components, micro-optical fiber optic components and others. The Company is also involved in the design, production and sales of fiber optic modules and integrated systems, as well as fiber-related production test equipment. The Company distributes its products in domestic market and to overseas markets, including mainland China, the Americas and others.