Largan revenue rises to highest in seven months - News Summed Up

Largan revenue rises to highest in seven months


Largan revenue rises to highest in seven monthsBy Angelica Oung / Staff reporterHandset camera lens maker Largan Precision Co (大立光) yesterday reported that revenue last month grew 1.9 percent month-on-month to NT$5.12 billion (US$176.4 million), the highest revenue since March. Largan Precision Co’s headquarters are pictured in Taichung on June 12, 2018. Photo: Chen Mei-ying, Taipei TimesThird-quarter revenue was NT$14.79 billion, an increase of 17 percent quarter-on-quarter, but a 20 percent decline year-on-year. In the first three quarters of this year, cumulative revenue fell 4 percent to NT$40.65 billion, company data showed. Separately, Hon Hai Precision Industry Co (鴻海) reported revenue of NT$466.36 billion for last month, up 10.9 percent monthly, but down 20.66 percent annually.


Source: Taipei Times October 05, 2020 15:56 UTC



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