trending Market Intelligence /marketintelligence/en/news-insights/trending/7-sXBngbSdRNSSDgYf4ZdA2 content esgSubNav
In This List

HEP Tech Q1 loss widens YOY


Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges


Q&A: Data That Delivers - Automating the Credit Risk Workflow


Root and Branch - July 2021: ELFA Survey, Greenium and KPIs


Can private clouds ever really compete with the public cloud?

HEP Tech Q1 loss widens YOY

HEP Tech Co. Ltd. said its normalized net income for the first quarter came to a loss of 26 Taiwan cents per share, compared with a loss of 9 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 a loss of NT$7.9 million, compared with a loss of NT$2.6 million in the prior-year period.

The normalized profit margin dropped to negative 4.7% from negative 1.4% in the year-earlier period.

Total revenue declined 12.4% year over year to NT$168.9 million from NT$192.8 million, and total operating expenses declined 7.1% year over year to NT$183.5 million from NT$197.6 million.

Reported net income came to a loss of NT$12.5 million, or a loss of 41 cents per share, compared to a loss of NT$5.5 million, or a loss of 18 cents per share, in the prior-year period.

As of May 4, US$1 was equivalent to NT$32.37.