trending Market Intelligence /marketintelligence/en/news-insights/trending/3oOc4nsXAsVk6E5HrwSDNQ2 content esgSubNav
In This List

Charoen Pokphand Enterprise (Taiwan) Q2 profit climbs YOY


Gold - Geopolitical tensions and inflation remain key drivers


Lithium and Cobalt - Softer demand weighs on prices


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


Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Charoen Pokphand Enterprise (Taiwan) Q2 profit climbs YOY

Charoen Pokphand Enterprise (Taiwan) Co. Ltd. said its normalized net income for the second quarter was 84 Taiwan cents per share, an increase from 32 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$224.9 million, an increase from NT$85.6 million in the prior-year period.

The normalized profit margin rose to 5.2% from 2.2% in the year-earlier period.

Total revenue increased 10.4% on an annual basis to NT$4.34 billion from NT$3.93 billion, and total operating expenses increased year over year to NT$3.99 billion from NT$3.81 billion.

Reported net income increased from the prior-year period to NT$289.9 million, or NT$1.08 per share, from NT$102.0 million, or 38 cents per share.

As of Aug. 1, US$1 was equivalent to NT$31.57.