Netronix, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 07, 2019 at 01:21 am IST
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Netronix, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 1,127.063 million compared to TWD 1,252.584 million a year ago. Operating income was TWD 19.041 million compared to of TWD 15.482 million a year ago. Net income was TWD 47.526 million compared to net loss of TWD 106.582 million a year ago. Basic earnings per share was TWD 0.57 compared to basic loss per share of TWD 1.28 a year ago.
NETRONIX, INC. is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of electronic readers. The Company mainly operates through three business segments. The Consumer Electronics segment is mainly engaged in the manufacture and sales of e-books, networking products and industrial computers. The Loudspeakers segment is mainly engaged in the manufacture and sales of loudspeakers. The Others segment is mainly engaged in the general processing and promotion businesses. The Company is also involved in the trading of industrial personal computers (IPCs), point-of-sale (POS) terminal equipment and advertisement displays. The Company mainly distributes its products to Europe, Asia and the Americas.