trending Market Intelligence /marketintelligence/en/news-insights/trending/72ypOhevqn8ogGA7OpKmjw2 content esgSubNav
In This List

Gamma Optical Q1 loss widens 98.0% YOY


Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero


Broadcast deal market recap, Q2'22


Japan M&A By the Numbers: Q1 2022

Gamma Optical Q1 loss widens 98.0% YOY

Jia Wei Lifestyle Inc. said its normalized net income for the first quarter was a loss of 33 Taiwan cents per share, compared with a loss of 17 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 a loss of NT$15.6 million, compared with a loss of NT$7.9 million in the year-earlier period.

The normalized profit margin fell to negative 13.2% from negative 3.6% in the year-earlier period.

Total revenue fell 46.4% year over year to NT$118.3 million from NT$220.6 million, and total operating expenses fell 38.7% year over year to NT$139.6 million from NT$227.7 million.

Reported net income came to a loss of NT$24.9 million, or a loss of 53 cents per share, compared to a loss of NT$12.6 million, or a loss of 27 cents per share, in the prior-year period.

As of May 9, US$1 was equivalent to NT$32.54.