trending Market Intelligence /marketintelligence/en/news-insights/trending/sHtvN2Wz5wBNyUqoLz9_Uw2 content esgSubNav
In This List

UVAT Technology Q1 loss narrows YOY

Blog

Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero

Blog

Broadcast deal market recap, Q2'22

Blog

Japan M&A By the Numbers: Q1 2022


UVAT Technology Q1 loss narrows YOY

UVAT Technology Co. Ltd. said its normalized net income for the first quarter amounted to a loss of 48 Taiwan cents per share, compared with a loss of 59 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 a loss of NT$14.4 million, compared with a loss of NT$16.2 million in the year-earlier period.

The normalized profit margin climbed to negative 11.4% from negative 14.6% in the year-earlier period.

Total revenue climbed 13.5% year over year to NT$126.0 million from NT$111.0 million, and total operating expenses climbed 10.6% from the prior-year period to NT$149.2 million from NT$135.0 million.

Reported net income totaled a loss of NT$24.0 million, or a loss of 80 cents per share, compared to a loss of NT$25.9 million, or a loss of 95 cents per share, in the year-earlier period.

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