This remarkable performance in March was attributed to the return to normal working days, significantly boosting revenue. Looking ahead to the second quarter, which traditionally represents the off-season, Genius Electronic Optical remains optimistic about surpassing last year’s performance, thanks to sustained customer demand. However, the company acknowledges that final outcomes will ultimately hinge on the actual purchasing behaviors of its customers.
Genius Electronic Optical’s operational success is built around two main pillars: mobile phones and virtual reality (VR) technologies. In the previous year, the company reported a net profit after tax of NT$3.073 billion, with an after-tax earnings per share (EPS) of NT$27.25. Anticipating a surge in mobile phone demand this year, Genius Electronic Optical expects Apple’s demand in Europe and the United States to counterbalance declining sales in China, thus positively impacting Apple’s supply chain. Industry analysts also forecast that Genius Electronic Optical’s periscope lenses will capture a larger market share in the current year, further elevating the company’s operational success.
Genius Electronic Optical’s strategic focus on core areas of mobile and VR, combined with its adaptability to market demands, positions the company for ongoing growth and innovation in the optical sector. Despite the challenges posed by the traditional off-season in the second quarter, Genius Electronic Optical’s record-setting performance and optimistic outlook underscore its resilience and potential for continued success.
