trending Market Intelligence /marketintelligence/en/news-insights/trending/1mgCBIxZiG6Y-gOEFWZmdw2 content esgSubNav
In This List

Tatung profit holds relatively steady YOY in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Tatung profit holds relatively steady YOY in Q1

Tatung Co. Ltd. said its normalized net income for the first quarter amounted to 13 Taiwan cents per share, compared with 14 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 NT$305.3 million, compared with NT$306.4 million in the year-earlier period.

The normalized profit margin climbed to 1.3% from 1.0% in the year-earlier period.

Total revenue fell 15.0% on an annual basis to NT$25.06 billion from NT$29.47 billion, and total operating expenses decreased from the prior-year period to NT$26.94 billion from NT$27.91 billion.

Reported net income totaled a loss of NT$476.4 million, or a loss of 21 cents per share, compared to income of NT$680.6 million, or 30 cents per share, in the year-earlier period.

As of May 13, US$1 was equivalent to NT$30.62.