Meiloon Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 08:41 pm
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Meiloon Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 965.973 million compared to TWD 1,015.940 million a year ago. Operating income was TWD 118.180 million compared to TWD 92.055 million a year ago. Net income was TWD 98.651 million compared to TWD 89.705 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.45 a year ago. For the nine months, sales was TWD 2,771.027 million compared to TWD 2,547.022 million a year ago. Operating income was TWD 245.254 million compared to TWD 120.008 million a year ago. Net income was TWD 271.781 million compared to TWD 123.297 million a year ago. Basic earnings per share was TWD 1.37 compared to TWD 0.62 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. 
