trending Market Intelligence /marketintelligence/en/news-insights/trending/8RgDiPJiAlDZb_6-SxjVuw2 content esgSubNav
In This List

Chuwa Wool Industry (Taiwan) Q1 loss narrows YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Chuwa Wool Industry (Taiwan) Q1 loss narrows YOY

Chuwa Wool Industry Co. (Taiwan) Ltd. said its normalized net income for the first quarter came to a loss of NT$330,000, compared with a loss of NT$1.3 million in the prior-year period.

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

The normalized profit margin climbed to negative 0.3% from negative 1.8% in the year-earlier period.

Total revenue climbed 28.4% year over year to NT$95.5 million from NT$74.4 million, and total operating expenses rose 24.5% year over year to NT$99.0 million from NT$79.5 million.

Reported net income totaled NT$197,000, or 0 cents per share, compared to a loss of NT$2.7 million, or a loss of 3 cents per share, in the prior-year period.

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