trending Market Intelligence /marketintelligence/en/news-insights/trending/3krx4cmYpb66wf2He1CZVw2 content esgSubNav
In This List

Hi Sharp Electronics swings to profit in Q1

Blog

Automating Credit Risk Surveillance Using Statistical Models

Case Study

Searching for Alpha with Textual Data

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Customer Success: a $200 million market poised for dramatic growth


Hi Sharp Electronics swings to profit in Q1

Hi Sharp Electronics Co. Ltd. said its first-quarter normalized net income amounted to NT$29,000, compared with a loss of NT$6.3 million in the prior-year period.

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

The normalized profit margin rose to 0.0% from negative 4.0% in the year-earlier period.

Total revenue increased 19.2% on an annual basis to NT$188.4 million from NT$158.1 million, and total operating expenses rose 13.1% from the prior-year period to NT$186.0 million from NT$164.5 million.

Reported net income came to NT$420,000, or 1 cents per share, compared to a loss of NT$9.2 million, or a loss of 22 cents per share, in the prior-year period.

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