Newretail Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 07:22 pm
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Newretail Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 17.883 million compared to TWD 57.796 million a year ago. Operating loss was TWD 19.489 million compared to TWD 51.479 million a year ago. Net loss was TWD 23.553 million compared to TWD 45.332 million a year ago. For the nine months, total revenue was TWD 81.966 million compared to TWD 300.249 million a year ago. Operating loss was TWD 74.560 million compared to TWD 166.816 million a year ago. Net loss was TWD 60.904 million compared to TWD 147.442 million 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 
