trending Market Intelligence /marketintelligence/en/news-insights/trending/8kb6dbnBYh7TZDEH5WU8VQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Mr Onion Q1 profit falls YOY

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 3: Transformation of Customer Experience in 2020


Mr Onion Q1 profit falls YOY

Mr. Onion Corp. said its normalized net income for the first quarter came to 61 Taiwan cents per share, a decrease of 41.6% from NT$1.04 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$8.9 million, a decline of 41.9% from NT$15.3 million in the prior-year period.

The normalized profit margin declined to 4.1% from 6.9% in the year-earlier period.

Total revenue declined on an annual basis to NT$216.3 million from NT$220.3 million, and total operating expenses grew on an annual basis to NT$203.0 million from NT$196.8 million.

Reported net income declined 46.6% year over year to NT$10.8 million, or 74 cents per share, from NT$20.3 million, or NT$1.38 per share.

As of July 7, US$1 was equivalent to NT$31.08.