trending Market Intelligence /marketintelligence/en/news-insights/trending/_X7GCAYTxJ5Mfm1mhwXT2A2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Lungyen Life Service Q3 profit falls YOY


Climate Credit Analytics: Linking climate scenarios to financial impacts


Essential Energy Insights, April 2021


LCD Monthly: LIBOR: A dramedy for our times


Essential Metals & Mining Insights, April 2021

Lungyen Life Service Q3 profit falls YOY

Lungyen Life Service Corp. said its normalized net income for the third quarter amounted to 82 Taiwan cents per share, a decline of 21.6% from NT$1.05 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$327.2 million, a decrease of 21.6% from NT$417.4 million in the prior-year period.

The normalized profit margin climbed to 35.8% from 27.7% in the year-earlier period.

Total revenue declined 39.4% year over year to NT$914.5 million from NT$1.51 billion, and total operating expenses fell 39.5% from the prior-year period to NT$558.9 million from NT$923.2 million.

Reported net income fell 32.7% on an annual basis to NT$419.3 million, or NT$1.05 per share, from NT$622.8 million, or NT$1.56 per share.

As of Nov. 16, US$1 was equivalent to NT$32.83.