trending Market Intelligence /marketintelligence/en/news-insights/trending/iLVOpbrHMSlIUNPARSJ5HQ2 content esgSubNav
In This List

Taiwan Oasis Technology Q1 loss narrows YOY

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Blog

Banking Essentials Newsletter: 17th April Edition


Taiwan Oasis Technology Q1 loss narrows YOY

Taiwan Oasis Technology Co. Ltd. said its first-quarter normalized net income was a loss of 14 Taiwan cents per share, compared with a loss of 20 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 a loss of NT$11.7 million, compared with a loss of NT$16.8 million in the prior-year period.

The normalized profit margin increased to negative 10.2% from negative 12.9% in the year-earlier period.

Total revenue decreased 12.4% on an annual basis to NT$114.6 million from NT$130.9 million, and total operating expenses declined 24.8% from the prior-year period to NT$136.4 million from NT$181.3 million.

Reported net income came to a loss of NT$20.0 million, or a loss of 24 cents per share, compared to a loss of NT$35.5 million, or a loss of 43 cents per share, in the prior-year period.

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