Meiloon Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 11:39 pm
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Meiloon Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,044.549 million compared to TWD 825.966 million a year ago. Operating income was TWD 88.328 million compared to TWD 22.140 million a year ago. Net income was TWD 107.760 million compared to TWD 14.289 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.07 a year ago. For the half year, sales was TWD 1,805.054 million compared to TWD 1,531.082 million a year ago. Operating income was TWD 127.074 million compared to TWD 27.953 million a year ago. Net income was TWD 173.130 million compared to TWD 33.592 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 0.17 a year ago.
Meiloon Industrial Co Ltd is a Taiwan-based company principally engaged in the design, research, development, manufacture and distribution of audio and loudspeakers. The Companyâs principal products include low pitch, mid-frequency and high pitch loudspeakers, car speakers, indoor active and passive speakers, professional outdoor acoustic systems, speakers for consumer electronic products, wireless speakers, car amplifiers, home amplifiers and digital broadcasting systems. The Company mainly distributes its products in American and European markets.
MEILOON INDUSTRIAL CO., LTD. 
