trending Market Intelligence /marketintelligence/en/news-insights/trending/4eWQGRVvwo97o4_l0LbO_w2 content esgSubNav
In This List

Team Young Advanced Technology swings to loss in Q1


Balance Sheet Strategy in an Unusual Rate Environment


Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A


Perspectivas América Latina – Supply Chain Sanctions, Shortages, and Impacts


SAS AB Tracking the early-warning signals of credit risk

Team Young Advanced Technology swings to loss in Q1

Team Young Advanced Technology Co. Ltd. said its normalized net income for the first quarter came to a loss of 73 Taiwan cents per share, compared with 5 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 a loss of NT$36.3 million, compared with income of NT$2.7 million in the prior-year period.

The normalized profit margin declined to negative 112.6% from 7.8% in the year-earlier period.

Total revenue fell 6.7% on an annual basis to NT$32.2 million from NT$34.5 million, and total operating expenses increased 16.6% from the prior-year period to NT$40.0 million from NT$34.3 million.

Reported net income totaled a loss of NT$45.7 million, or a loss of 91 cents per share, compared to income of NT$5.0 million, or 10 cents per share, in the year-earlier period.

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