Merry Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 06:04 pm EDT
Share
Merry Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 8,168.668 million compared to TWD 6,445.201 million a year ago. Operating loss was TWD 50.883 million compared to operating Income of TWD 279.786 million a year ago. Net income was TWD 111.217 million compared to TWD 302.768 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 0.52 compared to TWD 1.38 a year ago. For the half year, sales was TWD 15,903.460 million compared to TWD 11,621.864 million a year ago. Operating loss was TWD 127.148 million compared to operating Income of TWD 234.829 million a year ago. Net income was TWD 132.137 million compared to TWD 350.149 million a year ago. Basic earnings per share was TWD 0.64 compared to TWD 1.69 a year ago. Diluted earnings per share was TWD 0.63 compared to TWD 1.62 a year ago.
Merry Electronics Co Ltd is a Taiwan-based company mainly engaged in the production of headphones, audio and speakers. Products include speakers, hands-free handsets, power banks, hearing aids, entertainment headsets, portable speakers and Bluetooth headsets. The products are used in mobile computers, tablet computers, mobile phones, televisions, wearable devices, and smart homes. The products are mainly sold to Asia, Europe and the Americas.