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Global PMX Q2 profit climbs 61.9% YOY

4911027 said its normalized net income for the second quarter was NT$1.22 per share, an increase of 48.1% from 83 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$100.4 million, a gain of 61.9% from NT$62.0 million in the year-earlier period.

The normalized profit margin climbed to 11.4% from 8.3% in the year-earlier period.

Total revenue increased 18.4% on an annual basis to NT$880.0 million from NT$743.0 million, and total operating expenses rose 9.0% from the prior-year period to NT$696.4 million from NT$638.7 million.

eported net income grew 49.4% on an annual Global PMX Co. Ltd..