New Era Electronics Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 11:37 pm EDT
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New Era Electronics Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 115.92 million compared to TWD 173.97 million a year ago. Net loss was TWD 10.73 million compared to TWD 39.45 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to TWD 0.42 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to TWD 0.42 a year ago.
For the six months, sales was TWD 241.22 million compared to TWD 371.13 million a year ago. Net loss was TWD 0.55 million compared to TWD 55.53 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.59 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.59 a year ago.
NEW ERA ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture, assembly and distribution of substrates. The Companyâs primary products include high frequency (HF) microwave communication substrates and printed circuit boards (PCBs). Its products are mainly used in the manufacture of automobile phones, mobile phones, satellite signal senders, video transmission products, portable phones, global positioning system (GPS) products, digital wireless telephones, Bluetooth devices, antennas, wireless switches, set top boxes, network communication products, high definition (HD) televisions (TVs), liquid crystal displays (LCDs), multi-media video products, personal computers (PCs) and notebook computers, among others. The Company mainly distributes its products in Taiwan, Mainland China and the United States of America (the USA).