Newmax Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 03, 2020 at 06:02 pm EST
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Newmax Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 3,472.336 million compared to TWD 1,648.824 million a year ago. Operating income was TWD 503.742 million compared to operating loss of TWD 432.135 million a year ago. Net income was TWD 506.592 million compared to net loss of TWD 310.677 million a year ago. Basic earnings per share was TWD 3.02 compared to basic loss per share of TWD 1.96 a year ago. Diluted earnings per share was TWD 3. Diluted earnings per share from continuing operations was TWD 3.
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.