Newmax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021
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Newmax Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 766.584 million compared to TWD 414.866 million a year ago. Operating loss was TWD 126.431 million compared to TWD 139.259 million a year ago. Net loss was TWD 98.682 million compared to TWD 111.543 million a year ago. Basic loss per share from continuing operations was TWD 0.54 compared to TWD 0.61 a year ago.
Newmax Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of lens products. The Company's products include lens units for notebook computers and tablets, lenses for mobile phones, game machines, automobiles as well as lenses units for personal computers (PCs) and digital video (DV) cameras, among others. Its products are applied primarily in the manufacture of cameras, mobile phones, computers, telescopes, liquid crystal display (LCD) projectors, digital video disk (DVD) readers, scanners and facsimile machines, among others. The Company distributes its products within domestic market and to overseas markets.