trending Market Intelligence /marketintelligence/en/news-insights/trending/C-RDF87MsaHbktpRoo595w2 content esgSubNav
In This List

Mobiletron Electronics Q1 profit falls YOY


Next in Tech | Episode 49: Carbon reduction in cloud


Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Volume of Investment Research Reports on Inflation Increased in Q4 2021


Using ESG Analysis to Support a Sustainable Future

Mobiletron Electronics Q1 profit falls YOY

Mobiletron Electronics Co. Ltd. said its first-quarter normalized net income came to 19 Taiwan cents per share, a decrease of 74.5% from 74 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$18.6 million, a decline of 74.5% from NT$73.0 million in the year-earlier period.

The normalized profit margin declined to 3.2% from 11.2% in the year-earlier period.

Total revenue fell 12.0% year over year to NT$574.1 million from NT$652.2 million, and total operating expenses declined 8.2% from the prior-year period to NT$522.3 million from NT$569.2 million.

Reported net income fell 75.8% year over year to NT$20.9 million, or 21 cents per share, from NT$86.4 million, or 87 cents per share.

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