trending Market Intelligence /marketintelligence/en/news-insights/trending/SH13AI8yQlYbAjHqcYjrZw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

SUNA Co. Ltd. Q1 loss narrows YOY

Capital Markets View – February 2021


TMT News & Insights: February 2021


Whats on the Horizon for the Cruise Hotel Resorts Sector


Latin America multichannel broadband market 2020 recap

SUNA Co. Ltd. Q1 loss narrows YOY

SUNA Co.Ltd. said its normalized net income for the first quarter was a loss of 5 fen per share, compared with a loss of 8 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 12.8 million yuan, compared with a loss of 20.7 million yuan in the prior-year period.

The normalized profit margin climbed to negative 44.3% from negative 50.8% in the year-earlier period.

Total revenue fell 31.8% year over year to 27.8 million yuan from 40.8 million yuan, and total operating expenses declined 37.8% year over year to 45.1 million yuan from 72.5 million yuan.

Reported net income totaled a loss of 28.7 million yuan, or a loss of 11 fen per share, compared to a loss of 44.2 million yuan, or a loss of 16 fen per share, in the year-earlier period.

As of April 27, US$1 was equivalent to 6.50 yuan.