trending Market Intelligence /marketintelligence/en/news-insights/trending/L106bOm1-5yv0s11MJpwyA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Tekom Technologies Q3 profit climbs YOY

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021

Blog

LCD Monthly: LIBOR: A dramedy for our times


Tekom Technologies Q3 profit climbs YOY

Tekom Technologies Inc. said its third-quarter normalized net income came to 52 Taiwan cents per share, an increase from 2 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 NT$11.2 million, an increase from NT$386,880 in the prior-year period.

The normalized profit margin rose to 7.0% from 0.4% in the year-earlier period.

Total revenue grew 51.8% year over year to NT$160.2 million from NT$105.5 million, and total operating expenses grew 36.3% year over year to NT$142.5 million from NT$104.5 million.

Reported net income grew from the prior-year period to NT$17.9 million, or 84 cents per share, from NT$595,000, or 3 cents per share.

As of Nov. 11, US$1 was equivalent to NT$32.72.