Largan's April EPS Reaches NT$13.95; Founder's Family Makes Rare Share Purchase

(CNA, Reporter Chiang Ming-yen, Taipei, 19th) Largan Precision announced its self-assessed April earnings per share (EPS) were NT$13.95. Additionally, with the founder's family, the Lin Yao-ying family, making a rare move to increase their holdings in their own company, the stock price surged to its limit up at NT$3,615 in early trading, a new high since November 2020. The gains later trimmed to around NT$3,325, up about 1.5%. According to public information, Largan's founder Lin Yao-ying's family, through their family-owned holding company Maoyu, purchased 100 sheets (100,000 shares) of their own stock in March of this year. This is the first time Maoyu has increased its holdings in Largan stock since its establishment in 2020. Currently, the Lin family's cumulative holdings in Largan total 19,010 sheets, with their shareholding ratio increasing to 14.24%. On the 18th, Largan was listed as an attention-requiring stock, and as required by the authorities, announced its self-assessed financial data for April. The single-month after-tax net profit was NT$1.831 billion, an increase of 88.5% year-on-year, with an EPS of NT$13.95. Largan's stock price has seen a sharp rally recently, starting from the closing price of NT$2,545 on May 11th. The rise to today's early trading limit up of NT$3,615 represents a 42% increase. (Editor: Chang Liang-chih) 1150519