trending Market Intelligence /marketintelligence/en/news-insights/trending/0AqeWEjf66zb7yDIztZHxQ2 content esgSubNav
In This List

Sunfun Info Q1 loss widens 52.2% YOY

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries


Next in Tech | Episode 168: AI Data Strategies


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15

Sunfun Info Q1 loss widens 52.2% YOY

Sunfun Info Co. Ltd. said its normalized net income for the first quarter came to a loss of 82 Taiwan cents per share, compared with a loss of 53 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$10.2 million, compared with a loss of NT$6.7 million in the prior-year period.

The normalized profit margin declined to negative 13.0% from negative 12.5% in the year-earlier period.

Total revenue increased 45.8% on an annual basis to NT$78.7 million from NT$54.0 million, and total operating expenses increased 45.8% year over year to NT$94.2 million from NT$64.6 million.

Reported net income totaled a loss of NT$16.4 million, or a loss of NT$1.31 per share, compared to a loss of NT$10.8 million, or a loss of 86 cents per share, in the prior-year period.

As of May 16, US$1 was equivalent to NT$32.63.