trending Market Intelligence /marketintelligence/en/news-insights/trending/2cA4zCb2Cui7-MTuAsOPhQ2 content esgSubNav
In This List

Wisher Industrial Q3 profit falls YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Wisher Industrial Q3 profit falls YOY

Wisher Industrial Co. Ltd. said its third-quarter normalized net income amounted to NT$734,000, a decrease of 97.9% from NT$35.0 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to 0.1% from 5.6% in the year-earlier period.

Total revenue decreased 15.1% on an annual basis to NT$531.7 million from NT$625.9 million, and total operating expenses fell 15.1% from the prior-year period to NT$506.8 million from NT$597.1 million.

Reported net income fell 86.0% year over year to NT$7.3 million, or 7 cents per share, from NT$51.9 million, or 50 cents per share.

As of Nov. 14, US$1 was equivalent to NT$31.98.