trending Market Intelligence /marketintelligence/en/news-insights/trending/P9-Lw1kg3DZC6lOAr368gg2 content esgSubNav
In This List

Jiin Ming Industry swings to loss in Q1


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Banking Essentials Newsletter: 17th April Edition

Jiin Ming Industry swings to loss in Q1

Jiin Ming Industry Co. Ltd. said its normalized net income for the first quarter came to a loss of NT$23.7 million, compared with income of NT$240,000 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 10.6% from 0.0% in the year-earlier period.

Total revenue decreased 53.6% on an annual basis to NT$223.8 million from NT$482.4 million, and total operating expenses declined 46.8% on an annual basis to NT$254.6 million from NT$478.3 million.

Reported net income came to a loss of NT$33.4 million, or a loss of 31 cents per share, compared to a loss of NT$7.5 million, or a loss of 7 cents per share, in the prior-year period.

As of May 13, US$1 was equivalent to NT$32.68.