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Gordon Auto Body Parts Q3 profit falls YOY

4913507 said its normalized net income for the third quarter was 13 Taiwan cents per share, a decrease of 19.0% from 16 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$23.6 million, a decline of 19.0% from NT$29.1 million in the prior-year period.

The normalized profit margin dropped to 3.7% from 4.8% in the year-earlier period.

Total revenue climbed on an annual basis to NT$630.3 million from NT$608.3 million, and total operating expenses came to NT$565.5 million, compared with NT$571.0 million in the prior-year period.

Reported net income fell 15.0% year over year to NT$30.6 million, or 17 cents per share, from NT$35.9 million, or 20 cents per share.

s of Nov. 9, US$1 was equivalent to NT$31.55.Gordon Auto Body Parts Co. Ltd.

4913507 said its normalized net income for the third quarter was 13 Taiwan cents per share, a decrease of 19.0% from 16 cents per share in the year-earlier period.