Newretail Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 01:54 am EDT
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Newretail Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 94.072 million compared to TWD 356.030 million a year ago. Operating loss was TWD 129.610 million compared to TWD 219.862 million a year ago. Net loss was TWD 85.293 million compared to TWD 265.392 million a year ago. Basic loss per share from continuing operations was TWD 2.45 compared to TWD 8.55 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 
