Meiloon Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 07:21 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 723.785 million compared to TWD 544.356 million a year ago. Operating loss was TWD 81.586 million compared to operating Income of TWD 7.422 million a year ago. Net income was TWD 1,454.245 million compared to net loss of TWD 5.821 million a year ago. Basic earnings per share was TWD 7.34 compared to basic loss per share of TWD 0.03 a year ago. Diluted earnings per share was TWD 7.29 compared to diluted loss per share of TWD 0.03 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. 
