Netronix, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 05, 2019 at 10:10 pm
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Netronix, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,298.575 million compared to TWD 1,512.989 million a year ago. Operating income was TWD 41.367 million compared to TWD 31.058 million a year ago. Net income was TWD 77.381 million compared to TWD 297.105 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 3.57 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 3.55 a year ago. For the half year, sales was TWD 2,425.638 million compared to TWD 2,765.573 million a year ago. Operating income was TWD 60.408 million compared to TWD 15.576 million a year ago. Net income was TWD 124.907 million compared to TWD 190.523 million a year ago. Basic earnings per share was TWD 1.5 compared to TWD 2.29 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 2.28 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.