Newretail Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:23 pm EDT
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Newretail Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 85.254 million compared to TWD 246.815 million a year ago. Operating loss was TWD 36.696 million compared to TWD 32.741 million a year ago. Net loss was TWD 38.162 million compared to TWD 18.448 million a year ago. Basic loss per share was TWD 0.32 compared to TWD 0.16 a year ago. For the half year, total revenue was TWD 242.453 million compared to TWD 565.408 million a year ago. Operating loss was TWD 115.337 million compared to TWD 30.491 million a year ago. Net loss was TWD 102.110 million compared to TWD 20.731 million a year ago. Basic loss per share was TWD 0.86 compared to TWD 0.18 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 
