New Era Electronics Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:04 pm EDT
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New Era Electronics Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 164.315 million compared to TWD 200.806 million a year ago. Operating loss was TWD 13.219 million compared to TWD 10.033 million a year ago. Net income was TWD 45.401 million compared to TWD 19.848 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.21 a year ago. For the half year, sales was TWD 312.620 million compared to TWD 424.319 million a year ago. Operating loss was TWD 31.357 million compared to TWD 9.224 million a year ago. Net income was TWD 41.081 million compared to TWD 34.546 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.37 a year ago.
NEW ERA ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture, assembly and distribution of substrates. The Companyâs primary products include high frequency (HF) microwave communication substrates and printed circuit boards (PCBs). Its products are mainly used in the manufacture of automobile phones, mobile phones, satellite signal senders, video transmission products, portable phones, global positioning system (GPS) products, digital wireless telephones, Bluetooth devices, antennas, wireless switches, set top boxes, network communication products, high definition (HD) televisions (TVs), liquid crystal displays (LCDs), multi-media video products, personal computers (PCs) and notebook computers, among others. The Company mainly distributes its products in Taiwan, Mainland China and the United States of America (the USA).