LandMark Optoelectronics reported strong financial results for August, with revenue reaching NT$107 million, a 75% year-on-year increase. The company broke even in operating profit for the month, a marked improvement from a net loss per share of NT$0.31 during the same period last year.
Cumulatively, Lien Asia’s revenue for July and August totaled NT$213 million, reflecting an 84% annual growth. The company posted a pre-tax profit of NT$1 million and an after-tax surplus of NT$1 million, representing annual increases of 101% and 102%, respectively, with an earnings per share of NT$0.01.
LandMark Optoelectronics’s stock has been on a steady rise, closing at NT$274 on September 26, up by 1.67% for the day. The stock has surged 1.23 times since late August, reflecting increased market confidence following the company’s positive financial turnaround.
