New Era Electronics Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
Share
New Era Electronics Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 178.59 million compared to TWD 172.85 million a year ago. Revenue was TWD 178.59 million compared to TWD 172.85 million a year ago. Net loss was TWD 20.63 million compared to TWD 1.64 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 0.02 a year ago. Diluted loss per share from continuing operations was TWD 0.22 compared to TWD 0.02 a year ago.
For the nine months, sales was TWD 549.73 million compared to TWD 485.47 million a year ago. Revenue was TWD 549.73 million compared to TWD 485.47 million a year ago. Net loss was TWD 76.16 million compared to net income of TWD 39.45 million a year ago. Basic loss per share from continuing operations was TWD 0.82 compared to basic earnings per share from continuing operations of TWD 0.42 a year ago. Diluted loss per share from continuing operations was TWD 0.82 compared to diluted earnings per share from continuing operations of TWD 0.42 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).