trending Market Intelligence /marketintelligence/en/news-insights/trending/5YObgj6VFIwI3OmTkHMkXA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Lung Hwa Electronics Q3 profit climbs YOY

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021

Blog

LCD Monthly: LIBOR: A dramedy for our times


Lung Hwa Electronics Q3 profit climbs YOY

Lung Hwa Electronics Co. Ltd. said its third-quarter normalized net income amounted to 31 Taiwan cents per share, an increase from 8 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$9.2 million, an increase from NT$2.5 million in the prior-year period.

The normalized profit margin climbed to 1,680.1% from 58.0% in the year-earlier period.

Total revenue fell 87.1% year over year to NT$547,000 from NT$4.2 million, and total operating expenses rose year over year to NT$6.5 million from NT$6.4 million.

Reported net income rose on an annual basis to NT$14.7 million, or 49 cents per share, from NT$3.6 million, or 12 cents per share.

As of Nov. 12, US$1 was equivalent to NT$32.73.