trending Market Intelligence /marketintelligence/en/news-insights/trending/C-RDF87MsaHbktpRoo595w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Mobiletron Electronics Q1 profit falls YOY


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 1: Origins of 451 Research - Part 1


Episode 3: Transformation of Customer Experience in 2020

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.