Innocare Optoelectronics Corp.TWSE: 6861

InnoCare Optoelectronics: Revenue and net income rose sharply year-over-year, with improved margins and strong cash flow

· Issued by Innocare Optoelectronics Corp.

Revenue grew 9% year-over-year to NT$1,800.9 million, with net income up 31% to NT$152.9 million and EPS of NT$3.75. Gross margin improved to 23%, and the company maintained strong liquidity and equity growth. Revenue recognition cutoff and foreign currency risks remain key audit and operational concerns.

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