News
26
Sep, 2024
Media Coverage
LIGHTEL-KY Submits Application for OTC Listing; Expected to Be Listed in Q1 2025
【Financial News Fast Report / Reporter: He Meiru】
The Taiwan Over-the-Counter (OTC) Market announced that LIGHTEL Optoelectronics (Stock Code: 7717), a company incorporated in the Cayman Islands, has submitted its initial application for OTC listing. According to the estimated timeline, if the review for the listing is approved smoothly, the company is expected to be listed in the first quarter of next year.
LIGHTEL-KY was established on August 8, 2014, with a paid-in capital of NT$215 million. The Chairman is Mr. Ou Zhengming, and the CEO is Mr. Shen Peisheng. As of August 31, 2024, the company's board members hold a total of 18.98% of the shares. The company’s main products include passive optical components for fiber-optic communications, passive optical components for fiber-optic lasers, passive components for satellite laser communications, fiber-optic end-face inspection devices, fiber-optic component manufacturing equipment, and smart lighting.
In 2023, the company’s market structure was 81.83% domestic sales and 18.17% export sales. For the fiscal year, the company reported a revenue of NT$529 million, pre-tax net profit of NT$39.253 million, and earnings per share (EPS) of NT$0.96.
The Taiwan Over-the-Counter (OTC) Market announced that LIGHTEL Optoelectronics (Stock Code: 7717), a company incorporated in the Cayman Islands, has submitted its initial application for OTC listing. According to the estimated timeline, if the review for the listing is approved smoothly, the company is expected to be listed in the first quarter of next year.
LIGHTEL-KY was established on August 8, 2014, with a paid-in capital of NT$215 million. The Chairman is Mr. Ou Zhengming, and the CEO is Mr. Shen Peisheng. As of August 31, 2024, the company's board members hold a total of 18.98% of the shares. The company’s main products include passive optical components for fiber-optic communications, passive optical components for fiber-optic lasers, passive components for satellite laser communications, fiber-optic end-face inspection devices, fiber-optic component manufacturing equipment, and smart lighting.
In 2023, the company’s market structure was 81.83% domestic sales and 18.17% export sales. For the fiscal year, the company reported a revenue of NT$529 million, pre-tax net profit of NT$39.253 million, and earnings per share (EPS) of NT$0.96.
