Meiloon Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 05:02 pm EST
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Meiloon Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 763.71 million compared to TWD 1,003.26 million a year ago. Revenue was TWD 763.71 million compared to TWD 1,003.26 million a year ago. Net income was TWD 132.53 million compared to TWD 63.68 million a year ago.
For the nine months, sales was TWD 2,813.96 million compared to TWD 2,641.46 million a year ago. Revenue was TWD 2,813.96 million compared to TWD 2,641.46 million a year ago. Net income was TWD 107.35 million compared to TWD 1,619.09 million 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.