trending Market Intelligence /marketintelligence/en/news-insights/trending/1cmSZswgy7VcCjcm3iOIzw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Lung Hwa Electronics swings to loss in Q3


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Lung Hwa Electronics swings to loss in Q3

Lung Hwa Electronics Co. Ltd. said its third-quarter normalized net income came to a loss of 36 Taiwan cents per share, compared with 31 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$10.9 million, compared with income of NT$9.2 million in the prior-year period.

Total revenue declined 90.3% year over year to NT$53,000 from NT$547,000, and total operating expenses decreased 5.0% year over year to NT$6.2 million from NT$6.5 million.

Reported net income came to a loss of NT$17.5 million, or a loss of 58 cents per share, compared to income of NT$14.7 million, or 49 cents per share, in the prior-year period.

As of Nov. 11, US$1 was equivalent to NT$31.93.