Largan in the first quarter made NT$6.72 billion in net profit, the company said. The premises of Largan Precision Co is pictured in Taichung yesterday. Gross margin fell slightly to 68.63 percent, compared with 69.8 percent in the first quarter, the company’s financial statement showed. Largan last month posted monthly revenue growth of 6.98 percent to NT$4.14 billion, ending two straight months of declines. Largan would keep pace with the research and development of new products, “but it is up to the clients whether they get designed” into new products, Lin said.

Source: Taipei Times July 09, 2020 15:56 UTC