ROSE-TINTED LENSES: The firm posted revenue of NT$3.93 billion for last month and it could surpass NT$4 billion this month on orders from Huawei Technologies
Date: Apr 06, 2019
By: Natasha Li / Staff reporter
Largan Precision Co (大立光), a leading supplier of camera lens modules, yesterday reported revenue of NT$3.93 billion (US$127.5 million) for last month, year-on-year growth of 24.92 percent.
On a monthly basis, revenue rose 55 percent from NT$2.53 billion in February, according to figures posted on the company’s Web site.
The Taichung-headquartered company posted combined revenue of NT$9.82 billion for the first quarter of this year, up 10.45 percent compared with NT$8.88 billion in the same period last year.
However, the quarterly figure was 21.14 percent lower than the NT$12.44 billion posted for the fourth quarter last year, company data showed. [FULL STORY]