trending Market Intelligence /marketintelligence/en/news-insights/trending/OdUh9n907Ot35VZKXOmYyg2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Hey-song Q2 profit climbs YOY


Episode 11: AI/ML maturity and pandemic effects‬

A room with a view: a non-tech explanation of containers and Kubernetes

Private equity TMT activity making comeback in Europe


LCD Monthly: Assessing the US loan market one year after the COVID-19 crash

Hey-song Q2 profit climbs YOY

Hey-Song Corp. said its second-quarter normalized net income came to 27 Taiwan cents per share, an increase from 10 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$110.1 million, an increase from NT$41.5 million in the year-earlier period.

The normalized profit margin climbed to 7.2% from 2.9% in the year-earlier period.

Total revenue grew 6.7% on an annual basis to NT$1.53 billion from NT$1.43 billion, and total operating expenses totaled NT$1.52 billion, compared with NT$1.52 billion in the prior-year period.

Reported net income grew year over year to NT$152.8 million, or 38 cents per share, from NT$52.3 million, or 13 cents per share.

As of Aug. 11, US$1 was equivalent to NT$32.22.