Newmax Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 06:16 pm EDT
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Newmax Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,056.774 million compared to TWD 333.028 million a year ago. Operating income was TWD 193.246 million compared to operating loss of TWD 205.998 million a year ago. Net income was TWD 219.480 million compared to net loss of TWD 129.532 million a year ago. Basic earnings per share was TWD 1.39 compared to basic loss per share of TWD 0.82 a year ago. Diluted earnings per share was TWD 1.37 compared to TWD 0 a year ago. For the half year, sales was TWD 1,700.506 million compared to TWD 504.499 million a year ago. Operating income was TWD 274.460 million compared to operating loss of TWD 393.207 million a year ago. Net income was TWD 320.970 million compared to net loss of TWD 319.048 million a year ago. Basic earnings per share was TWD 2.03 compared to basic loss per share of TWD 2.01 a year ago. Diluted earnings per share was TWD 2 compared to TWD 0 a year ago.
Newmax Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of lens products. The Company's products include lens units for notebook computers and tablets, lenses for mobile phones, game machines, automobiles as well as lenses units for personal computers (PCs) and digital video (DV) cameras, among others. Its products are applied primarily in the manufacture of cameras, mobile phones, computers, telescopes, liquid crystal display (LCD) projectors, digital video disk (DVD) readers, scanners and facsimile machines, among others. The Company distributes its products within domestic market and to overseas markets.