Netronix, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
March 24, 2019 at 09:16 am EDT
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Netronix, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 6,261.326 million compared to TWD 7,087.828 million a year ago. Operating income was TWD 145.713 million compared to TWD 500.336 million a year ago. Net income was TWD 375.384 million compared to net loss of TWD 93.344 million a year ago. Basic earnings per share was TWD 4.51 compared to basic loss per share of TWD 1.12 a year ago. Diluted earnings per share was TWD 4.46 compared to diluted loss per share of TWD 1.12 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.