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Senao International profit misses consensus by 36.6% in Q3

4910107 said its normalized net income for the third quarter amounted to 34 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.

The per-share result swung to a profit from the prior-year loss of 2 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$85.8 million, compared with a loss of NT$4.9 million in the year-earlier period.

The normalized profit margin increased to 1.1% from negative 0.1% in the year-earlier period.

Total revenue fell 11.5% on an annual basis to NT$8.10 billion from NT$9.15 billion, and total operating expenses decreased 12.7% on an annual basis to NT$8.07 billion from NT$9.24 billion.

Reported net income grew year over year to NT$107.3 million, or 42 cents per share, from NT$5.2 million, or 2 cents per share.

s of Nov. 11, US$1 was equivalent to NT$32.72.Senao International Co. Ltd.

4910107 said its normalized net income for the third quarter amounted to 34 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.