Newretail Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 05:04 pm
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Newretail Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 23.743 million compared to TWD 85.254 million a year ago. Net loss was TWD 12.035 million compared to TWD 38.162 million a year ago. Basic loss per share was TWD 0.39 compared to TWD 1.23 a year ago. For the half year, total revenue was TWD 64.083 million compared to TWD 242.453 million a year ago. Net loss was TWD 37.351 million compared to TWD 102.110 million a year ago. Basic loss per share was TWD 1.2 compared to TWD 3.29 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 
