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Headset maker Merry income hit a record high in October

Headset maker Merry Electronics saw its consolidated revenues hit a record high for the fifth consecutive month at NT$1.948 billion (US$61.91 million) in October. The monthly figures also represented an increase of 10.9% from the previous month and 41.12% from a year earlier.

Increased shipments of high-priced head-mounted earphones helped boost sales for October, according to a Chinese-language Economic Daily News (EDN) report.

Accumulated 2016 revenues through October totaled NT$12.829 billion, increasing 28.15% from a year earlier.

The company's stock price edged down NT$0.50 to close at NT$115 on the Taiwan Stock Exchange (TSE) during the November 4 session.