trending Market Intelligence /marketintelligence/en/news-insights/trending/6MJQKdBiLTbETz2nJRGqfw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Sunshine Agri-Tech Q1 loss widens 40.4% YOY


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021


Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Sunshine Agri-Tech Q1 loss widens 40.4% YOY

Sunshine Agri-Tech Inc. said its normalized net income for the first quarter amounted to a loss of C$187,690, compared with a loss of C$133,710 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to negative 16.1% from negative 10.0% in the year-earlier period.

Total revenue decreased 13.3% on an annual basis to C$1.2 million from C$1.3 million, and total operating expenses decreased 8.7% year over year to C$1.5 million from C$1.6 million.

Reported net income came to a loss of C$319,730, or a loss of 0 cents per share, compared to a loss of C$202,470, or a loss of 0 cents per share, in the prior-year period.