Hivi Acoustics Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:47 am EDT
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HiVi Acoustics Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 173.237 million compared to CNY 183.892 million a year ago. Operating income was CNY 23.620 million compared to CNY 15.020 million a year ago. Net income was CNY 21.504 million compared to CNY 16.294 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.13 a year ago.
HiVi Acoustics Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of audio equipment and loudspeakers. The Company's main products include multimedia audio equipment, home theaters, professional audio equipment, car audio equipment, public broadcasting system and speakers and headphones. The Company mainly distributes its products under the HiVi brand. The Company distributes its products in domestic market and to overseas markets.
HIVI ACOUSTICS TECHNOLOGY CO., LTD 
