Newmax Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 10, 2021 at 03:44 pm EST
Share
Newmax Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,692.591 million compared to TWD 3,472.336 million a year ago. Operating loss was TWD 353.092 million compared to operating Income of TWD 503.742 million a year ago. Net loss was TWD 276.891 million compared to net income of TWD 506.592 million a year ago. Basic loss per share from continuing operations was TWD 1.5.
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.