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Largan posts January-September net EPS of NT$30.10

Erica Yen, Taipei
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Largan Precision, a Taiwan-based maker of optical lens kits, recorded net EPS of NT$30.10 for January-September 2011, according to its unaudited third-quarter 2011 financial figures released at an investors conference on October 20.

Of Largan's January-September consolidated revenues, 97% came from lens modules used in handset cameras, 2% from digital camera lens kits and 1% from lens kits for MFPs (multi-function peripherals).

Largan: Financial report (NT$b)

Item

3Q11

Q/Q

January-September 2011

Y/Y

Consolidated revenues

4.394

8.09%

11.972

41.39%

Gross margin

45.89%

up 0.69pp

44.66%

down 2.90pp

Net operating profit

1.566

6.00%

4.200

31.49%

Net profit

1.746

59.02%

4.038

37.66%

Net EPS (NT$)

13.01

30.10

Source: Company, compiled by Digitimes, October 2011

Article translated by Adam Hwang