Hanpin Electron Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 04:09 pm EDT
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Hanpin Electron Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 194.710 million compared to TWD 523.846 million a year ago. Operating loss was TWD 9.883 million compared to operating Income of TWD 47.980 million a year ago. Net loss was TWD 23.503 million compared to net income of TWD 55.636 million a year ago. Basic loss per share was TWD 0.29 compared to basic earnings per share of TWD 0.7 a year ago. Diluted loss per share was TWD 0.29 compared to diluted earnings per share of TWD 0.69 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.