Meiloon Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 07:12 pm EDT
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Meiloon Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 701.324 million compared to TWD 1,044.549 million a year ago. Operating income was TWD 31.250 million compared to TWD 88.328 million a year ago. Net income was TWD 85.605 million compared to TWD 107.760 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.54 a year ago. For the half year, sales was TWD 1,245.680 million compared to TWD 1,805.054 million a year ago. Operating income was TWD 38.672 million compared to TWD 127.074 million a year ago. Net income was TWD 79.784 million compared to TWD 173.130 million a year ago. Basic earnings per share was TWD 0.4 compared to TWD 0.87 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. 
