New Era Electronics Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 06:03 pm
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New Era Electronics Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 179.813 million compared to TWD 279.713 million a year ago. Operating loss was TWD 16.313 million compared to operating Income of TWD 18.020 million a year ago. Net loss was TWD 6.097 million compared to net income of TWD 22.330 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.24 a year ago. For the nine months, total revenue was TWD 604.132 million compared to TWD 791.205 million a year ago. Operating loss was TWD 25.537 million compared to operating Income of TWD 31.942 million a year ago. Net income was TWD 28.449 million compared to TWD 75.066 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.8 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).
NEW ERA ELECTRONICS CO., LTD 
