Merry Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 10:12 pm EDT
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Merry Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 10,136.154 million compared to TWD 10,101.028 million a year ago. Operating income was TWD 393.219 million compared to TWD 720.499 million a year ago. Net income was TWD 393.808 million compared to TWD 890.067 million a year ago. Basic earnings per share was TWD 1.9 compared to TWD 4.34 a year ago. Diluted earnings per share was TWD 1.78 compared to TWD 3.99 a year ago. For the nine months, sales was TWD 21,758.018 million compared to TWD 27,796.551 million a year ago. Operating income was TWD 628.048 million compared to TWD 1,955.813 million a year ago. Net income was TWD 743.957 million compared to TWD 2,082.255 million a year ago. Basic earnings per share was TWD 3.6 compared to TWD 10.24 a year ago. Diluted earnings per share was TWD 3.4 compared to TWD 9.34 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. 
