trending Market Intelligence /marketintelligence/en/news-insights/trending/7i6wUbMPhS_e8cX9LOHIFg2 content esgSubNav
In This List

Green World Hotels Q1 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Green World Hotels Q1 profit climbs YOY

Green World Hotels Co. Ltd. said its normalized net income for the first quarter was 16 Taiwan cents per share, a decrease of 18.1% from 19 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$8.0 million, an increase from NT$3.3 million in the prior-year period.

The normalized profit margin increased to 32.4% from 17.5% in the year-earlier period.

Total revenue rose 32.0% year over year to NT$24.6 million from NT$18.6 million, and total operating expenses fell 16.3% on an annual basis to NT$11.8 million from NT$14.1 million.

Reported net income decreased 7.7% on an annual basis to NT$12.7 million, or 25 cents per share, from NT$13.8 million, or 82 cents per share.

As of May 14, US$1 was equivalent to NT$30.54.