Hanpin Electron Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 12:41 pm EDT
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Hanpin Electron Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 505.396 million compared to TWD 194.710 million a year ago. Operating income was TWD 23.006 million compared to operating loss of TWD 9.883 million a year ago. Net income was TWD 27.294 million compared to net loss of TWD 23.503 million a year ago. Basic earnings per share was TWD 0.34 compared to basic loss per share of TWD 0.29 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.