Netronix, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 11:59 am EST
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Netronix, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,456.375 million compared to TWD 1,672.170 million a year ago. Operating income was TWD 71.063 million compared to TWD 104.920 million a year ago. Net income was TWD 65.228 million compared to TWD 93.638 million a year ago. Basic earnings per share was TWD 0.79 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 0.78 compared to TWD 1.11 a year ago. For the nine months, sales was TWD 3,882.013 million compared to TWD 4,437.743 million a year ago. Operating income was TWD 131.471 million compared to TWD 120.496 million a year ago. Net income was TWD 190.135 million compared to TWD 284.161 million a year ago. Basic earnings per share was TWD 2.29 compared to TWD 3.41 a year ago. Diluted earnings per share was TWD 2.27 compared to TWD 3.38 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. 
