Newmax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 30, 2019 at 04:23 am IST
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Newmax Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 643.732 million compared to TWD 171.471 million a year ago. Operating income was TWD 81.214 million compared to of TWD 187.209 million a year ago. Net income was TWD 101.490 million compared to net loss of TWD 189.516 million a year ago. Basic earnings per share was TWD 0.64 compared to basic loss per share of TWD 1.2 a year ago. Diluted earnings per share was TWD 0.63 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.