Newretail Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2023
March 15, 2024 at 11:26 am IST
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Newretail Co., Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was TWD 73.26 million compared to TWD 176.63 million a year ago. Net loss was TWD 50.78 million compared to TWD 21.6 million a year ago.
Basic loss per share from continuing operations was TWD 1.75 compared to TWD 0.79 a year ago.
NEWRETAIL CO., LTD is a Taiwan-based company primarily engaged in the provision of search engine marketing (SEM) services. The Company provides the integrated e-marketing solutions for manufacturers and suppliers in Taiwan and China to increase product exposures and order invoices for its clients. The Company provides a variety of services, including Taiwan Products Online, B2BManufactures.com (BMS) publishing marketing, very important person (VIP) network marketing, B2BChinaSources.com (BCS) Website membership services, digital catalog and content management system services, as well as Chinese Website Wakema.com.tw, among others. The Company operates its businesses in Taiwan and Mainland China. On June 17, 2014, it merged with a wholly owned investment subsidiary. After that, the Company survived and the subsidiary was dissolved.