Hanpin Electron Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 06:27 pm
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Hanpin Electron Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 810.521 million compared to TWD 848.608 million a year ago. Operating income was TWD 97.778 million compared to TWD 117.172 million a year ago. Net income was TWD 81.396 million compared to TWD 112.064 million a year ago. Basic earnings per share was TWD 1.02 compared to TWD 1.4 a year ago. Diluted earnings per share was TWD 1.01 compared to TWD 1.39 a year ago. For the nine months, sales was TWD 1,974.819 million compared to TWD 1,824.865 million a year ago. Operating income was TWD 219.690 million compared to TWD 198.979 million a year ago. Net income was TWD 220.452 million compared to TWD 217.916 million a year ago. Basic earnings per share was TWD 2.76 compared to TWD 2.72 a year ago. Diluted earnings per share was TWD 2.72 compared to TWD 2.69 a year ago.
HANPIN ELECTRON CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of audio products. The Company's main products include consumer audio products and professional audio products. In addition, The Company is also engaged in the manufacture of musical instruments (MI) and commercial systems, electrical appliances, lighting equipments, data storage and processing equipments, wireless communication machinery and electronic components, as well as engaged in the provision of product design and information software services. The Company distributes products within the domestic market and to overseas markets.