Netronix, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 04, 2020 at 03:55 pm EDT
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Netronix, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 981.526 million compared to TWD 1,127.063 million a year ago. Operating income was TWD 1.223 million compared to TWD 19.041 million a year ago. Net income was TWD 31.195 million compared to TWD 47.526 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 0.57 a year ago. Diluted earnings per share was TWD 0.37 compared to TWD 0.57 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.
NETRONIX, INC. 
