Newmax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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Newmax Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 555.73 million compared to TWD 766.58 million a year ago. Net loss was TWD 117.7 million compared to TWD 98.68 million a year ago. Basic loss per share from continuing operations was TWD 0.64 compared to TWD 0.54 a year ago. Diluted loss per share from continuing operations was TWD 0.64 compared to TWD 0.54 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.