Hanpin Electron Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 12:53 pm
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Hanpin Electron Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 636.624 million compared to TWD 810.521 million a year ago. Operating income was TWD 76.077 million compared to TWD 97.778 million a year ago. Net income was TWD 71.684 million compared to TWD 81.396 million a year ago. Basic earnings per share was TWD 0.9 compared to TWD 1.02 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 1.01 a year ago. For the nine months, sales was TWD 1,247.346 million compared to TWD 1,974.819 million a year ago. Operating income was TWD 114.928 million compared to TWD 219.690 million a year ago. Net income was TWD 131.888 million compared to TWD 220.452 million a year ago. Basic earnings per share was TWD 1.65 compared to TWD 2.76 a year ago. Diluted earnings per share was TWD 1.63 compared to TWD 2.72 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.
HANPIN ELECTRON CO., LTD. 
