trending Market Intelligence /marketintelligence/en/news-insights/trending/sPpnNURFRnFMjCFZFzGLrw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Lung Hwa Electronics Q1 loss widens YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 1: Origins of 451 Research - Part 1

Lung Hwa Electronics Q1 loss widens YOY

Lung Hwa Electronics Co. Ltd. said its first-quarter normalized net income amounted to a loss of 20 Taiwan cents per share, compared with a loss of 2 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$6.1 million, compared with a loss of NT$538,130 in the prior-year period.

Total revenue fell 86.5% year over year to NT$1.5 million from NT$11.1 million, and total operating expenses declined 42.6% year over year to NT$7.4 million from NT$12.9 million.

Reported net income came to a loss of NT$9.8 million, or a loss of 33 cents per share, compared to a loss of NT$13.6 million, or a loss of 45 cents per share, in the prior-year period.

As of May 15, US$1 was equivalent to NT$30.44.