Newmax Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 07:34 pm EDT
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Newmax Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 624.476 million compared to TWD 706.549 million a year ago. Operating loss was TWD 129.178 million compared to TWD 92.518 million a year ago. Net loss was TWD 123.976 million compared to TWD 74.734 million a year ago. Basic loss per share from continuing operations was TWD 0.67 compared to TWD 0.41 a year ago. For the half year, sales was TWD 1,391.060 million compared to TWD 1,121.415 million a year ago. Operating loss was TWD 255.609 million compared to TWD 231.777 million a year ago. Net loss was TWD 222.658 million compared to TWD 186.277 million a year ago. Basic loss per share from continuing operations was TWD 1.21 compared to TWD 1.01 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.