Hanpin Electron Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 06, 2018 at 02:18 pm EST
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Hanpin Electron Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 848.608 million compared to TWD 604.257 million a year ago. Operating income was TWD 117.172 million compared to TWD 68.755 million a year ago. Net income was TWD 112.064 million compared to TWD 68.877 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 0.86 a year ago. Diluted earnings per share was TWD 1.39 compared to TWD 0.85 a year ago.
For the nine months, sales was TWD 1,824.865 million compared to TWD 1,612.721 million a year ago. Operating income was TWD 198.979 million compared to TWD 199.839 million a year ago. Net income was TWD 217.916 million compared to TWD 156.279 million a year ago. Basic earnings per share was TWD 2.72 compared to TWD 1.95 a year ago. Diluted earnings per share was TWD 2.69 compared to TWD 1.93 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.