trending Market Intelligence /marketintelligence/en/news-insights/trending/MSPOcWXDCXp9XC8LVwLw4w2 content esgSubNav
In This List

Topkey Q3 profit climbs 74.4% YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Topkey Q3 profit climbs 74.4% YOY

Topkey Corp. said its third-quarter normalized net income amounted to NT$2.33 per share, compared with the S&P Capital IQ consensus estimate of NT$2.52 per share.

EPS increased 74.2% year over year from NT$1.34.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$211.7 million, a gain of 74.4% from NT$121.4 million in the prior-year period.

The normalized profit margin increased to 11.1% from 6.6% in the year-earlier period.

Total revenue rose year over year to NT$1.91 billion from NT$1.83 billion, and total operating expenses climbed 9.2% from the prior-year period to NT$1.73 billion from NT$1.59 billion.

Reported net income rose 17.8% year over year to NT$242.0 million, or NT$2.66 per share, from NT$205.4 million, or NT$2.26 per share.

As of Nov. 16, US$1 was equivalent to NT$32.83.