Hanpin Electron Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 04:14 pm EST
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Hanpin Electron 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 1,020.34 million compared to TWD 605.07 million a year ago. Net income was TWD 143.01 million compared to TWD 27.02 million a year ago. Basic earnings per share from continuing operations was TWD 1.79 compared to TWD 0.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.76 compared to TWD 0.34 a year ago. Basic earnings per share was TWD 1.79 compared to TWD 0.34 a year ago. Diluted earnings per share was TWD 1.76 compared to TWD 0.34 a year ago.
For the nine months, sales was TWD 2,390.59 million compared to TWD 1,765.65 million a year ago. Net income was TWD 247.69 million compared to TWD 98.11 million a year ago. Basic earnings per share from continuing operations was TWD 3.1 compared to TWD 1.23 a year ago. Diluted earnings per share from continuing operations was TWD 3.05 compared to TWD 1.22 a year ago. Basic earnings per share was TWD 3.1 compared to TWD 1.23 a year ago. Diluted earnings per share was TWD 3.05 compared to TWD 1.22 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.