Hanpin Electron Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 04:09 pm EDT
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Hanpin Electron Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 416.012 million compared to TWD 640.452 million a year ago. Operating income was TWD 48.734 million compared to TWD 73.932 million a year ago. Net income was TWD 83.707 million compared to TWD 83.420 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 1.04 a year ago. Diluted earnings per share was TWD 1.04 compared to TWD 1.04 a year ago. For the half year, sales was TWD 610.722 million compared to TWD 1,164.298 million a year ago. Operating income was TWD 38.851 million compared to TWD 121.912 million a year ago. Net income was TWD 60.204 million compared to TWD 139.056 million a year ago. Basic earnings per share was TWD 0.75 compared to TWD 1.74 a year ago. Diluted earnings per share was TWD 0.75 compared to TWD 1.72 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.
HANPIN ELECTRON CO., LTD. 
