Young Optics, a Taiwan-based projector maker, saw first-quarter revenues reach NT$1.429 billion (US$48.8 million), down 14.05% on year. According to the firm, first-quarter 2012 gross margins were 28.35% and net profits were NT$101 million, down 5.8% compared to same period in 2011.
The firm indicated that first-quarter revenues showed on-year decreases because shipments of back-projection TV optical modules decreased.
Nevertheless, operating profit margin reached 28.35%, up 3.88% compared to the same period in 2011. The main reason for this increase was that the percentage of total revenues from products that generate higher profits, such as niche-type optical modules, saw growth in the first quarter.
Article translated by Jackie Chang
