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Jinli Group Holdings Q3 profit falls YOY


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Jinli Group Holdings Q3 profit falls YOY

Jinli Group Holdings Ltd said its third-quarter normalized net income amounted to NT$1.18 per share, compared with the S&P Capital IQ consensus estimate of NT$1.36 per share.

EPS declined year over year from NT$1.20.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$224.4 million, compared with NT$225.8 million in the prior-year period.

The normalized profit margin dropped to 16.0% from 17.3% in the year-earlier period.

Total revenue climbed 7.3% on an annual basis to NT$1.40 billion from NT$1.31 billion, and total operating expenses rose 8.6% on an annual basis to NT$1.03 billion from NT$946.1 million.

Reported net income decreased 8.7% on an annual basis to NT$221.6 million, or NT$1.17 per share, from NT$242.7 million, or NT$1.28 per share.

As of Nov. 9, US$1 was equivalent to NT$32.83.