Gross margin rose to 55.8 percent, up 2.44 percentage points from 53.36 percent in the first quarter and ending four consecutive quarters of declines, said the leading maker of optical lens modules, which also produces VCMs and sleep monitoring systems. In the second quarter of last year, gross margin was 60.29 percent, company data showed. Nonoperating gains contributed NT$2.17 billion, including foreign exchange gains of NT$1.79 billion, Largan said. In the first half of this year, Largan’s revenue totaled NT$19.81 billion, down 10 percent from NT$21.93 billion a year earlier. It reported net profit of NT$10.46 billion, up 26 percent year-on-year, or earnings per share of NT$78.36, and gross margin of 54.55 percent.

Source: Taipei Times July 14, 2022 20:55 UTC