Netronix, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:03 am EDT
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Netronix, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,645.69 million compared to TWD 1,215.43 million a year ago. Net income was TWD 76.31 million compared to TWD 56.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 0.69 a year ago.
For the six months, sales was TWD 3,230.83 million compared to TWD 2,440.4 million a year ago. Net income was TWD 102.95 million compared to TWD 116.58 million a year ago. Basic earnings per share from continuing operations was TWD 1.2 compared to TWD 1.43 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 1.42 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.