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Largan Precision Reports October Revenue of NT$5.85 Billion, Forecasts Softer November
Electronic Technology · Electronic Components · economic_daily · 2026-11-05
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Optical lens giant Largan Precision saw October revenue reach a one-year high, though the company warned of a potential slowdown in shipments for November.
What Happened
Revenue Overview: Largan Precision reported October consolidated revenue of NT$5.85 billion, a 1% increase month-over-month. This figure marks the company's best monthly performance in the past year, although it represents a 7% decline compared to the same period last year.
Cumulative Performance: For the first ten months of the year, the company's cumulative consolidated revenue reached NT$50.71 billion. This represents a modest 1% growth compared to the same period in the previous year, indicating stable but limited overall growth.
Future Outlook: The company provided a cautious outlook for November, projecting that shipment momentum will decline compared to October. This forecast highlights the ongoing volatility and uncertainty within the consumer electronics market.
Market Reaction: Following the release of the revenue data and the forward-looking guidance, Largan's stock price experienced a significant decline, closing down NT$485. The market reaction reflects investor concerns regarding the anticipated slowdown in shipment momentum.