trending Market Intelligence /marketintelligence/en/news-insights/trending/QWmukJTRZOBpcJxlffFw9A2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Taiwan Taffeta Fabric Q3 profit falls YOY


Minimizing Risk at a Bank with a Trade Intelligence Platform


2021 US broadband forecast lifted by rising digital home profiles


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Taiwan Taffeta Fabric Q3 profit falls YOY

Taiwan Taffeta Fabric Co. Ltd. its third-quarter normalized net income came to 14 Taiwan cents per share, a decline of 6.3% from 15 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$18.2 million, a decline of 5.7% from NT$19.3 million in the year-earlier period.

The normalized profit margin climbed to 3.5% from 3.4% in the year-earlier period.

Total revenue decreased 7.4% year over year to NT$520.1 million from NT$561.5 million, and total operating expenses declined 6.8% from the prior-year period to NT$507.5 million from NT$544.3 million.

Reported net income declined 13.0% on an annual basis to NT$25.1 million, or 19 cents per share, from NT$28.9 million, or 22 cents per share.

As of Nov. 10, US$1 was equivalent to NT$32.74.