trending Market Intelligence /marketintelligence/en/news-insights/trending/JjoVbGukMuz1tVWJmctcDg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Lian Hwa Foods Q1 profit climbs YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Lian Hwa Foods Q1 profit climbs YOY

Lian Hwa Foods Corp. said its first-quarter normalized net income amounted to 47 Taiwan cents per share, a gain from 9 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 NT$74.5 million, an increase from NT$14.0 million in the year-earlier period.

The normalized profit margin increased to 4.4% from 1.1% in the year-earlier period.

Total revenue increased 30.0% on an annual basis to NT$1.68 billion from NT$1.29 billion, and total operating expenses rose 22.2% from the prior-year period to NT$1.56 billion from NT$1.28 billion.

Reported net income increased on an annual basis to NT$97.9 million, or 61 cents per share, from NT$25.2 million, or 16 cents per share.

As of May 14, US$1 was equivalent to NT$30.54.