Hanpin Electron Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:33 am EST
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Hanpin Electron Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 866.59 million compared to TWD 1,020.34 million a year ago. Net income was TWD 153.93 million compared to TWD 143.01 million a year ago. Basic earnings per share from continuing operations was TWD 1.92 compared to TWD 1.79 a year ago. Diluted earnings per share from continuing operations was TWD 1.9 compared to TWD 1.76 a year ago.
For the nine months, sales was TWD 1,825.26 million compared to TWD 2,390.59 million a year ago. Net income was TWD 281.02 million compared to TWD 247.69 million a year ago. Basic earnings per share from continuing operations was TWD 3.51 compared to TWD 3.1 a year ago. Diluted earnings per share from continuing operations was TWD 3.46 compared to TWD 3.05 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.