trending Market Intelligence /marketintelligence/en/news-insights/trending/Px2u9RUdemx0rR3sOMn5ww2 content esgSubNav
In This List

AIPTEK International Q4 loss narrows YOY

Blog

Municipal CUSIP Request Volumes Climbs for Fourth Straight Month

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Video

Root & Branch - June 2021: Greenium, Transparency and Advent

Blog

LCD Monthly: ESG Sustainability linked bonds offer pricing perk


AIPTEK International Q4 loss narrows YOY

AIPTEK International Inc. said its fourth-quarter normalized net income was a loss of 8 Taiwan cents per share, compared with a loss of 31 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 a loss of NT$6.9 million, compared with a loss of NT$21.0 million in the prior-year period.

The normalized profit margin fell to negative 208.1% from negative 56.6% in the year-earlier period.

Total revenue declined 82.5% on an annual basis to NT$6.5 million from NT$37.1 million, and total operating expenses declined 65.4% year over year to NT$26.3 million from NT$76.1 million.

Reported net income totaled a loss of NT$11.0 million, or a loss of 12 cents per share, compared to a loss of NT$66.0 million, or a loss of 97 cents per share, in the prior-year period.

For the year, the company's normalized net income totaled a loss of 29 cents per share, compared with a loss of NT$1.03 per share in the prior year.

Normalized net income was a loss of NT$25.1 million, compared with a loss of NT$67.4 million in the prior year.

Full-year total revenue fell 41.6% on an annual basis to NT$82.8 million from NT$141.7 million, and total operating expenses decreased 45.0% year over year to NT$140.0 million from NT$254.4 million.

The company said reported net income totaled a loss of NT$59.9 million, or a loss of 68 cents per share, in the full year, compared with a loss of NT$141.5 million, or a loss of NT$2.16 per share, the prior year.

As of March 30, US$1 was equivalent to NT$32.18.