Newmax Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 07:02 pm EST
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Newmax Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 951.029 million compared to TWD 711.895 million a year ago. Operating income was TWD 140.353 million compared to TWD 2.746 million a year ago. Net income was TWD 114.578 million compared to TWD 29.709 million a year ago. Basic earnings per share was TWD 0.67 compared to TWD 0.19 a year ago. For the nine months, sales was TWD 2,651.535 million compared to TWD 1,216.394 million a year ago. Operating income was TWD 414.813 million compared to operating loss of TWD 390.461 million a year ago. Net income was TWD 435.548 million compared to net loss of TWD 289.339 million a year ago. Basic earnings per share was TWD 2.68 compared to basic loss per share of TWD 1.83 a year ago. Diluted earnings per share was TWD 2.63 compared to TWD 0 a year ago. Diluted earnings per share from continuing operations was TWD 2.63 compared to TWD 0 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. 