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Grand Hall Enterprise Q3 profit climbs 80.6% YOY

4915160 said its third-quarter normalized net income amounted to 81 Taiwan cents per share, an increase of 79.4% from 45 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$19.2 million, an increase of 80.6% from NT$10.6 million in the prior-year period.

The normalized profit margin increased to 2.9% from 1.7% in the year-earlier period.

Total revenue increased 6.3% on an annual basis to NT$651.7 million from NT$613.0 million, and total operating expenses came to NT$628.4 million, compared with NT$627.5 million in the prior-year period.

eported net income fell 61.1% year over year t Grand Hall Enterprise Co. Ltd.