Meiloon Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 28, 2019 at 06:19 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was TWD 3,445.190 million compared to TWD 3,600.900 million a year ago. Operating income was TWD 173.491 million compared to TWD 403.607 million a year ago. Net income was TWD 171.029 million compared to TWD 354.856 million a year ago. Basic earnings per share was TWD 0.86 compared to TWD 1.6 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.