Meiloon Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Meiloon Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,003.26 million compared to TWD 820.53 million a year ago. Revenue was TWD 1,003.26 million compared to TWD 820.53 million a year ago. Net income was TWD 63.68 million compared to TWD 51.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.32 compared to TWD 0.26 a year ago.
For the nine months, sales was TWD 2,641.46 million compared to TWD 2,066.21 million a year ago. Revenue was TWD 2,641.46 million compared to TWD 2,066.21 million a year ago. Net income was TWD 1,619.09 million compared to TWD 131.04 million a year ago. Basic earnings per share from continuing operations was TWD 8.17 compared to TWD 0.66 a year ago. Diluted earnings per share from continuing operations was TWD 8.11 compared to TWD 0.66 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.