New Era Electronics Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 09, 2018 at 12:29 am IST
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New Era Electronics Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 279.713 million compared to TWD 296.736 million a year ago. Net income was TWD 22.330 million compared to TWD 21.023 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.23 a year ago. Diluted earnings per share was TWD 0.24 compared to TWD 0.22 a year ago.
For the nine months, sales was TWD 791.205 million compared to TWD 1,036.601 million a year ago. Net income was TWD 75.066 million compared to TWD 67.611 million a year ago. Basic earnings per share was TWD 0.8 compared to TWD 0.72 a year ago.
NEW ERA ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture, assembly and distribution of substrates. The Companyâs primary products include high frequency (HF) microwave communication substrates and printed circuit boards (PCBs). Its products are mainly used in the manufacture of automobile phones, mobile phones, satellite signal senders, video transmission products, portable phones, global positioning system (GPS) products, digital wireless telephones, Bluetooth devices, antennas, wireless switches, set top boxes, network communication products, high definition (HD) televisions (TVs), liquid crystal displays (LCDs), multi-media video products, personal computers (PCs) and notebook computers, among others. The Company mainly distributes its products in Taiwan, Mainland China and the United States of America (the USA).