Meiloon Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 05:30 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 544.356 million compared to TWD 760.505 million a year ago. Operating income was TWD 7.422 million compared to TWD 38.746 million a year ago. Net loss was TWD 5.821 million compared to net income of TWD 65.370 million a year ago. Basic loss per share was TWD 0.03 compared to basic earnings per share of TWD 0.33 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. 
