Polylite Taiwan Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:05 pm EDT
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Polylite Taiwan Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 56.983 million compared to TWD 133.399 million a year ago. Operating loss was TWD 31.745 million compared to operating Income of TWD 6.215 million a year ago. Net loss was TWD 15.326 million compared to net income of TWD 21.631 million a year ago. Basic loss per share was TWD 0.33 compared to basic earnings per share of TWD 0.46 a year ago. For the half year, total revenue was TWD 180.906 million compared to TWD 286.437 million a year ago. Operating loss was TWD 30.845 million compared to operating Income of TWD 11.564 million a year ago. Net loss was TWD 1.103 million compared to net income of TWD 41.948 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.9 a year ago.
Polylite Taiwan Co., Ltd. is a Taiwan-based company primarily engaged in the research and development, manufacture and distribution of optical lenses. The Company's lenses are made of polycarbonate (PC) and other materials. Its products mainly include vision correction use optical lenses, polarized lenses, coated lenses, dust free lenses, photochromic lenses and anti-blue lenses, among others. The Company distributes its products within domestic market and to overseas markets.
POLYLITE TAIWAN CO., LTD. 
