New Era Electronics Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 08:05 pm
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New Era Electronics Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 148.305 million compared to TWD 223.513 million a year ago. Operating loss was TWD 18.138 million compared to operating Income of TWD 809,000 a year ago. Net loss was TWD 4.320 million compared to net income of TWD 14.698 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.16 a year ago.
NEW ERA ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture, assembly and distribution of substrates. The Companyâs primary products include high frequency (HF) microwave communication substrates and printed circuit boards (PCBs). Its products are mainly used in the manufacture of automobile phones, mobile phones, satellite signal senders, video transmission products, portable phones, global positioning system (GPS) products, digital wireless telephones, Bluetooth devices, antennas, wireless switches, set top boxes, network communication products, high definition (HD) televisions (TVs), liquid crystal displays (LCDs), multi-media video products, personal computers (PCs) and notebook computers, among others. The Company mainly distributes its products in Taiwan, Mainland China and the United States of America (the USA).