Newretail Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 10:50 am EDT
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Newretail Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 40.340 million compared to TWD 157.199 million a year ago. Operating loss was TWD 28.131 million compared to TWD 78.641 million a year ago. Net loss was TWD 25.316 million compared to TWD 63.948 million a year ago. Basic loss per share was TWD 0.82 compared to TWD 2.06 a year ago.
NEWRETAIL CO., LTD is a Taiwan-based company primarily engaged in the provision of search engine marketing (SEM) services. The Company provides the integrated e-marketing solutions for manufacturers and suppliers in Taiwan and China to increase product exposures and order invoices for its clients. The Company provides a variety of services, including Taiwan Products Online, B2BManufactures.com (BMS) publishing marketing, very important person (VIP) network marketing, B2BChinaSources.com (BCS) Website membership services, digital catalog and content management system services, as well as Chinese Website Wakema.com.tw, among others. The Company operates its businesses in Taiwan and Mainland China. On June 17, 2014, it merged with a wholly owned investment subsidiary. After that, the Company survived and the subsidiary was dissolved.
NEWRETAIL CO., LTD 