New Era Electronics Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2023
March 13, 2024 at 06:01 am EDT
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New Era Electronics Co., Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was TWD 718.63 million compared to TWD 494.66 million a year ago. Net income was TWD 38.89 million compared to net loss of TWD 54.77 million a year ago.
Basic earnings per share from continuing operations was TWD 0.42 compared to basic loss per share from continuing operations of TWD 0.59 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to diluted loss per share from continuing operations of TWD 0.59 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).