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Largan February revenues hit 37-month low

Adam Hwang, DIGITIMES, Taipei 0

Credit: DIGITIMES

Smartphone-use lens module maker Largan Precision has reported consolidated revenues of NT$2.609 billion (US$93.8 million) for February, the lowest monthly level since February 2019, decreasing 30.06% on month and 18.70% on year.

Of the consolidated revenues, 20-megapixel and higher lens modules accounted for 10-20%, 10- to below 20-megapixel ones for 50-60%, 8- to below 10-megapixel ones for 0-10%, below 8-megapixel ones for 10-20%.

Largan has decided to distribute a cash dividend per share of NT$39.00 for the second half of 2021. Together with the cash dividend per share of NT$31.00 for the first half, that of NT$70.00 for 2021 accounted for 50.26% of the 2021 net EPS of NT$139.28.

Largan posted consolidated revenues of NT$6.345 billion for January-February, slipping 18.75% on year.