Netronix, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Netronix, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,815.26 million compared to TWD 1,587.06 million a year ago. Net income was TWD 180.95 million compared to TWD 131.59 million a year ago. Basic earnings per share from continuing operations was TWD 2.1 compared to TWD 1.61 a year ago. Diluted earnings per share from continuing operations was TWD 2.1 compared to TWD 1.6 a year ago.
For the nine months, sales was TWD 5,046.08 million compared to TWD 4,027.47 million a year ago. Net income was TWD 283.89 million compared to TWD 248.17 million a year ago. Basic earnings per share from continuing operations was TWD 3.3 compared to TWD 3.04 a year ago. Diluted earnings per share from continuing operations was TWD 3.28 compared to TWD 3.02 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. 
