trending Market Intelligence /marketintelligence/en/news-insights/trending/bt1blKb6YFXx372mK4VCpQ2 content esgSubNav
In This List

Skymedi Q1 loss narrows YOY

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management

Video

Lithium Import


Skymedi Q1 loss narrows YOY

iROC Co. Ltd. said its normalized net income for the first quarter came to a loss of 3 Taiwan cents per share, compared with a loss of NT$3.73 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$623,130, compared with a loss of NT$34.3 million in the prior-year period.

The normalized profit margin climbed to negative 4.3% from negative 34.5% in the year-earlier period.

Total revenue decreased 85.3% on an annual basis to NT$14.6 million from NT$99.2 million, and total operating expenses decreased 91.0% year over year to NT$13.9 million from NT$153.8 million.

Reported net income totaled NT$2.6 million, or 11 cents per share, compared to a loss of NT$54.9 million, or a loss of NT$5.98 per share, in the prior-year period.

As of May 16, US$1 was equivalent to NT$32.63.