Meiloon Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 07:21 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 914.415 million compared to TWD 701.324 million a year ago. Operating loss was TWD 20.773 million compared to operating Income of TWD 31.250 million a year ago. Net income was TWD 101.171 million compared to TWD 85.605 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.43 a year ago. For the half year, total revenue was TWD 1,638.200 million compared to TWD 1,245.680 million a year ago. Operating loss was TWD 102.359 million compared to operating Income of TWD 38.672 million a year ago. Net income was TWD 1,555.416 million compared to TWD 79.784 million a year ago. Basic earnings per share from continuing operations was TWD 7.85 compared to TWD 0.4 a year ago. Diluted earnings per share from continuing operations was TWD 7.8 compared to TWD 0.4 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.