Meiloon Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 04:44 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 3,869.031 million compared to TWD 3,445.190 million a year ago. Operating income was TWD 340.019 million compared to TWD 173.491 million a year ago. Net income was TWD 419.980 million compared to TWD 171.029 million a year ago. Basic earnings per share was TWD 2.12 compared to TWD 0.86 a year ago. Diluted earnings per share was TWD 2.11 compared to TWD 0.86 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.