Netronix, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 23, 2020 at 04:50 pm EDT
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Netronix, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 5,631.843 million compared to TWD 6,261.326 million a year ago. Operating income was TWD 309.569 million compared to TWD 145.713 million a year ago. Net income was TWD 251.500 million compared to TWD 375.384 million a year ago. Basic earnings per share was TWD 3.03 compared to TWD 4.51 a year ago. Diluted earnings per share was TWD 3 compared to TWD 4.46 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.