Newretail Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 08:08 pm
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Newretail Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 57.796 million compared to TWD 228.018 million a year ago. Operating loss was TWD 51.479 million compared to TWD 40.300 million a year ago. Net loss was TWD 45.332 million compared to TWD 30.390 million a year ago. Basic loss per share was TWD 0.38 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 300.249 million compared to TWD 793.426 million a year ago. Operating loss was TWD 166.816 million compared to TWD 70.791 million a year ago. Net loss was TWD 147.442 million compared to TWD 51.121 million a year ago. Basic loss per share was TWD 1.25 compared to TWD 0.43 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 
