Photomask provider Taiwan Mask has reported web earnings of NT$199 million (US$6.5 million) for 2018 after experiencing three years of losses.
Taiwan Mask generated revenues of NT$2.88 billion in 2018, up 101% on 12 months. The firm has credited its constructive income efficiency final 12 months to acknowledged gross sales from Miracle Technology and Weida Hitech which it has acquired.
Taiwan Mask noticed its EPS climb to an eight-year excessive of NT$1.02 in 2018. The firm expects to take pleasure in one other 12 months of income and revenue will increase this 12 months.
Taiwan Mask additionally disclosed its cumulative 2019 revenues by way of March surged 15.1% from a 12 months earlier to NT$711 million.
In different information, firm chairman Guojing Wu has personally acquired about a million Taiwan Mask shares within the open market lately elevating his stake within the firm to 43.8%.
