trending Market Intelligence /marketintelligence/en/news-insights/trending/fiXh6sjYfFZAZil-O9fBNQ2 content esgSubNav
In This List

Shuttle Inc. Q1 loss narrows YOY

Blog

TCFD Reporting in Singapore

Blog

Plant upgrades and extensions drive 2025 cable capex forecast

Podcast

Next in Tech | Episode 47: Transformation is transforming technology services

Podcast

Next in Tech | Episode 46: Payments evolution in digital


Shuttle Inc. Q1 loss narrows YOY

Shuttle Inc. said its first-quarter normalized net income came to a loss of 11 Taiwan cents per share, compared with a loss of 18 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 a loss of NT$37.5 million, compared with a loss of NT$61.3 million in the year-earlier period.

The normalized profit margin rose to negative 4.2% from negative 5.2% in the year-earlier period.

Total revenue declined 24.2% on an annual basis to NT$887.5 million from NT$1.17 billion, and total operating expenses fell 24.6% year over year to NT$960.8 million from NT$1.27 billion.

Reported net income came to a loss of NT$57.0 million, or a loss of 17 cents per share, compared to a loss of NT$86.3 million, or a loss of 25 cents per share, in the prior-year period.

As of May 13, US$1 was equivalent to NT$32.68.