Newretail Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:27 am
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Newretail 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 26.25 million compared to TWD 16.2 million a year ago. Net income was TWD 30.18 million compared to net loss of TWD 23.55 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to basic loss per share from continuing operations of TWD 0.76 a year ago.
For the nine months, sales was TWD 56.21 million compared to TWD 80.28 million a year ago. Net income was TWD 17.27 million compared to net loss of TWD 60.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.36 compared to basic loss per share from continuing operations of TWD 1.96 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.