trending Market Intelligence /marketintelligence/en/news-insights/trending/MNubXFAnwg6Rf_CyPfpifQ2 content esgSubNav
In This List

Shenzhen Terca Technology Q3 profit climbs 21.7% YOY


Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors


Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Shenzhen Terca Technology Q3 profit climbs 21.7% YOY

Shenzhen Terca Technology Co. Ltd. said its third-quarter normalized net income came to 2 fen per share, an increase of 18.3% from 1 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 3.0 million yuan, an increase of 21.7% from 2.5 million yuan in the year-earlier period.

The normalized profit margin rose to 7.9% from 6.9% in the year-earlier period.

Total revenue grew 5.8% year over year to 38.5 million yuan from 36.4 million yuan, and total operating expenses decreased 10.5% from the prior-year period to 34.5 million yuan from 38.5 million yuan.

Reported net income totaled 4.0 million yuan, or 2 fen per share, compared to 3.9 million yuan, or 2 fen per share, in the prior-year period.

As of Oct. 27, US$1 was equivalent to 6.78 yuan.