Largan reports monthly revenue rise

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Taipei Times
Date: May 06, 2019
By: Chen Cheng-hui  /  Staff reporter

Largan Precision Co (大立光), a leading supplier of camera lens modules, yesterday reported its highest monthly revenue since November last year as more Android-based smartphone brands adopt large-aperture, multi-lens designs to enhance photo features.

Consolidated revenue last month rose 44.24 percent year-on-year to NT$5.01 billion (US$162.1 million) from NT$3.47 billion and was up 27.58 percent from NT$3.93 billion in March, the company said in a statement posted on its Web site.

The results met the guidance the company issued last month, when the Taichung-based firm said that revenue would be higher than the previous month.

Revenue for this month would also be higher than last month, Largan chief executive officer Adam Lin (林恩平) told an investors’ conference on April 11.    [FULL  STORY]

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