Meiloon Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Meiloon Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,069.84 million compared to TWD 914.42 million a year ago. Revenue was TWD 1,069.84 million compared to TWD 914.42 million a year ago. Net loss was TWD 17.21 million compared to net income of TWD 101.17 million a year ago. Basic loss per share from continuing operations was TWD 0.1125 compared to basic earnings per share from continuing operations of TWD 0.6375 a year ago. Diluted loss per share from continuing operations was TWD 0.1125 compared to diluted earnings per share from continuing operations of TWD 0.6375 a year ago.
For the six months, sales was TWD 2,050.25 million compared to TWD 1,638.2 million a year ago. Revenue was TWD 2,050.25 million compared to TWD 1,638.2 million a year ago. Net loss was TWD 25.18 million compared to net income of TWD 1,555.42 million a year ago. Basic loss per share from continuing operations was TWD 0.1625 compared to basic earnings per share from continuing operations of TWD 9.8125 a year ago. Diluted loss per share from continuing operations was TWD 0.1625 compared to diluted earnings per share from continuing operations of TWD 9.75 a year ago.
Meiloon Industrial Co Ltd is a Taiwan-based company principally engaged in the design, research, development, manufacture and distribution of audio and loudspeakers. The Companyâs principal products include low pitch, mid-frequency and high pitch loudspeakers, car speakers, indoor active and passive speakers, professional outdoor acoustic systems, speakers for consumer electronic products, wireless speakers, car amplifiers, home amplifiers and digital broadcasting systems. The Company mainly distributes its products in American and European markets.