New Era Electronics Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 08:18 pm EST
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New Era Electronics Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 206.14 million compared to TWD 111.72 million a year ago. Net income was TWD 53.98 million compared to TWD 27.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.58 compared to TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.58 compared to TWD 0.29 a year ago.
For the nine months, sales was TWD 487.92 million compared to TWD 352.94 million a year ago. Net income was TWD 59.38 million compared to TWD 26.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 0.28 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).
NEW ERA ELECTRONICS CO., LTD 