Merry Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 23, 2019 at 09:42 pm EDT
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Merry Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 10,101.028 million compared to TWD 11,037.065 million a year ago. Operating income was TWD 720.499 million compared to TWD 1,021.218 million a year ago. Net income was TWD 890.067 million compared to TWD 817.877 million a year ago. Basic earnings per share was TWD 4.34 compared to TWD 4.16 a year ago. Diluted earnings per share was TWD 3.99 compared to TWD 4.13 a year ago. For the nine months, sales was TWD 27,796.551 million compared to TWD 22,105.003 million a year ago. Operating income was TWD 1,955.813 million compared to TWD 1,153.260 million a year ago. Net income was TWD 2,082.255 million compared to TWD 820.668 million a year ago. Basic earnings per share was TWD 10.24 compared to TWD 4.15 a year ago. Diluted earnings per share was TWD 9.34 compared to TWD 4.12 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.
MERRY ELECTRONICS CO., LTD. 
