Hanpin Electron Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:59 pm EDT
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Hanpin Electron Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 640.452 million compared to TWD 566.959 million a year ago. Operating income was TWD 73.932 million compared to TWD 34.189 million a year ago. Net income was TWD 83.420 million compared to TWD 114.214 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 1.04 compared to TWD 1.42 a year ago. For the half year, sales was TWD 1,164.298 million compared to TWD 976.257 million a year ago. Operating income was TWD 121.912 million compared to TWD 81.807 million a year ago. Net income was TWD 139.056 million compared to TWD 105.852 million a year ago. Basic earnings per share was TWD 1.74 compared to TWD 1.32 a year ago. Diluted earnings per share was TWD 1.72 compared to TWD 1.31 a year ago.
HANPIN ELECTRON CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of audio products. The Company's main products include consumer audio products and professional audio products. In addition, The Company is also engaged in the manufacture of musical instruments (MI) and commercial systems, electrical appliances, lighting equipments, data storage and processing equipments, wireless communication machinery and electronic components, as well as engaged in the provision of product design and information software services. The Company distributes products within the domestic market and to overseas markets.