Newmax Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 06:05 am EDT
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Newmax Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 706.549 million compared to TWD 1,056.774 million a year ago. Operating loss was TWD 92.518 million compared to operating Income of TWD 193.246 million a year ago. Net loss was TWD 74.734 million compared to net income of TWD 219.480 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 1.39 a year ago. Diluted loss per share was TWD 0.41 compared to diluted earnings per share of TWD 1.37 a year ago. For the half year, sales was TWD 1,121.415 million compared to TWD 1,700.506 million a year ago. Operating loss was TWD 231.777 million compared to operating Income of TWD 274.460 million a year ago. Net loss was TWD 186.277 million compared to net income of TWD 320.970 million a year ago. Basic loss per share was TWD 1.01 compared to basic earnings per share of TWD 2.03 a year ago. Diluted loss per share was TWD 1.01 compared to diluted earnings per share of TWD 2 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.
NEWMAX TECHNOLOGY CO., LTD. 