Netronix, Inc. Announces Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 13, 2018 at 04:46 pm
Share
Netronix, Inc. announced audited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total operating revenue was TWD 1,672.170 million compared to TWD 1,591.076 million a year ago. Net operating income was TWD 104.920 million compared to TWD 92.586 million a year ago. Profit attributable to owners of parent was TWD 93.638 million compared to TWD 26.762 million a year ago. Diluted earnings per share were TWD 1.11 compared to TWD 0.32 a year ago. Profit from continuing operations before tax was TWD 148.694 million compared to TWD 30.999 million a year ago. Profit from continuing operations was TWD 104.642 million compared to TWD 21.152 million a year ago.
For the nine months, the company announced total operating revenue was TWD 4,437.743 million compared to TWD 5,400.788 million a year ago. Net operating income was TWD 120.496 million compared to TWD 395.339 million a year ago. Profit attributable to owners of parent was TWD 284.161 million compared to net loss of TWD 134.634 million a year ago. Diluted earnings per share were TWD 3.38 compared to diluted loss per share of TWD 1.62 a year ago. Profit from continuing operations before tax was TWD 352.654 million compared to loss of TWD 139.496 million a year ago. Profit from continuing operations was TWD 269.044 million compared to loss of TWD 133.793 million a year ago.
NETRONIX, INC. is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of electronic readers. The Company mainly operates through three business segments. The Consumer Electronics segment is mainly engaged in the manufacture and sales of e-books, networking products and industrial computers. The Loudspeakers segment is mainly engaged in the manufacture and sales of loudspeakers. The Others segment is mainly engaged in the general processing and promotion businesses. The Company is also involved in the trading of industrial personal computers (IPCs), point-of-sale (POS) terminal equipment and advertisement displays. The Company mainly distributes its products to Europe, Asia and the Americas.