Newmax Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 04:37 pm EST
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Newmax Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 297.69 million compared to TWD 488.41 million a year ago. Net loss was TWD 171.56 million compared to TWD 252.08 million a year ago. Basic loss per share from continuing operations was TWD 0.93 compared to TWD 1.37 a year ago. Diluted loss per share from continuing operations was TWD 0.93 compared to TWD 1.37 a year ago.
For the nine months, sales was TWD 1,275.55 million compared to TWD 1,879.47 million a year ago. Net loss was TWD 398.95 million compared to TWD 474.74 million a year ago. Basic loss per share from continuing operations was TWD 2.17 compared to TWD 2.58 a year ago. Diluted loss per share from continuing operations was TWD 2.17 compared to TWD 2.58 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. 
