Netronix, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 03:53 pm EDT
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Netronix, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,435.898 million compared to TWD 1,298.575 million a year ago. Operating income was TWD 110.984 million compared to TWD 41.367 million a year ago. Net income was TWD 83.553 million compared to TWD 77.381 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 0.93 a year ago. For the half year, sales was TWD 2,417.424 million compared to TWD 2,425.638 million a year ago. Operating income was TWD 112.207 million compared to TWD 60.408 million a year ago. Net income was TWD 114.748 million compared to TWD 124.907 million a year ago. Basic earnings per share was TWD 1.39 compared to TWD 1.5 a year ago. Diluted earnings per share was TWD 1.38 compared to TWD 1.49 a year ago.
NETRONIX, INC. is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of electronic readers. The Company mainly operates through three business segments. The Consumer Electronics segment is mainly engaged in the manufacture and sales of e-books, networking products and industrial computers. The Loudspeakers segment is mainly engaged in the manufacture and sales of loudspeakers. The Others segment is mainly engaged in the general processing and promotion businesses. The Company is also involved in the trading of industrial personal computers (IPCs), point-of-sale (POS) terminal equipment and advertisement displays. The Company mainly distributes its products to Europe, Asia and the Americas.
NETRONIX, INC. 
