trending Market Intelligence /marketintelligence/en/news-insights/trending/Db3FQlURhxQ8UiIlMwR3cw2 content esgSubNav
In This List

Hunya Foods Q1 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Hunya Foods Q1 profit climbs YOY

Hunya Foods Co. Ltd. said its normalized net income for the first quarter was 50 Taiwan cents per share, a gain from 19 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$54.3 million, a gain from NT$20.3 million in the prior-year period.

The normalized profit margin climbed to 7.7% from 3.1% in the year-earlier period.

Total revenue rose 6.6% year over year to NT$706.0 million from NT$662.0 million, and total operating expenses decreased from the prior-year period to NT$618.9 million from NT$635.4 million.

Reported net income rose from the prior-year period to NT$73.1 million, or 67 cents per share, from NT$23.2 million, or 21 cents per share.

As of May 12, US$1 was equivalent to NT$30.75.