New Era Electronics Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 04:08 pm EDT
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New Era Electronics Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 200.806 million compared to TWD 257.720 million a year ago. Operating loss was TWD 10.033 million compared to TWD 354,000 a year ago. Net income was TWD 19.848 million compared to TWD 52.536 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 0.56 a year ago. For the half year, sales was TWD 424.319 million compared to TWD 511.492 million a year ago. Operating loss was TWD 9.224 million compared to operating Income of TWD 13.922 million a year ago. Net income was TWD 34.546 million compared to TWD 52.736 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.56 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).