trending Market Intelligence /marketintelligence/en/news-insights/trending/fMjEO5A6UULPYGFsx8u9zw2 content esgSubNav
In This List

Young Optics swings to loss in Q1

Blog

New film release windows emerging in the wake of the pandemic

Blog

Widening US digital gap illustrates infrastructure bill rationale

Blog

Funding Social and Affordable Housing: A Credit Perspective

Blog

Global M&A By the Numbers: Q2 2021


Young Optics swings to loss in Q1

Young Optics Inc. said its first-quarter normalized net income was a loss of 24 Taiwan cents per share, compared with 10 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$26.9 million, compared with income of NT$11.6 million in the prior-year period.

The normalized profit margin declined to negative 2.8% from 1.1% in the year-earlier period.

Total revenue fell 8.9% year over year to NT$957.0 million from NT$1.05 billion, and total operating expenses declined from the prior-year period to NT$1.00 billion from NT$1.06 billion.

Reported net income came to a loss of NT$67.3 million, or a loss of 59 cents per share, compared to income of NT$17.2 million, or 15 cents per share, in the year-earlier period.

As of April 25, US$1 was equivalent to NT$32.33.