Newmax Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 06:28 pm EST
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Newmax Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 768.443 million compared to TWD 951.029 million a year ago. Operating loss was TWD 82.622 million compared to operating Income of TWD 140.353 million a year ago. Net loss was TWD 60.051 million compared to net income of TWD 114.578 million a year ago. Basic loss per share was TWD 0.33 compared to basic earnings per share of TWD 0.67 a year ago. For the nine months, sales was TWD 1,889.858 million compared to TWD 2,651.535 million a year ago. Operating loss was TWD 314.399 million compared to operating Income of TWD 414.813 million a year ago. Net loss was TWD 246.328 million compared to net income of TWD 435.548 million a year ago. Basic loss per share was TWD 1.34 compared to basic earnings per share of TWD 2.68 a year ago. Diluted loss per share was TWD 1.34 compared to diluted earnings per share of TWD 2.63 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.
NEWMAX TECHNOLOGY CO., LTD. 
